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Top 5 Utility Stocks with the Highest Short Interest-to-Equity Float

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Utility stocks with high short interest-to-equity float ratios

As of August 3, 2016, NRG Energy (NRG) has the highest short interest-to-equity float ratio of all the utility stocks (XLU) at 5.9%. One month ago, its ratio was 5.9%. Three months ago, its ratio was 5.8%.

In the last three months, the stock has fallen 3.3%—the most among the utility stocks in the above table. Its net debt-to-EBITDA (earnings before interest, tax, depreciation, and amortization) ratio is 6.5x. Its cash and cash equivalents were $2.o billion as of 1Q16.

SCANA’s (SCG) short interest-to-equity float ratio is 4%. One month ago, it was 4.2%. Three months ago, it was 3.7%. In the last three months, the stock has risen 5.4%. Its net debt-to-EBITDA ratio is 4.3x. Its cash and cash equivalents were $86 million in 1Q16.

Currently, Consolidated Edison’s (ED) short interest-to-equity float ratio is 3.7%. One month ago, it was 4%. Three months ago, it was 5%. Its net debt-to-EBITDA ratio is 3.8x. Its cash and cash equivalents were $61 million in 1Q16. The stock has risen 3.5% in the last three months.

CMS Energy’s (CMS) short interest-to-equity float ratio is 3.7%. One month ago, it was 3.5%. Three months ago, it was 2.7%. Its net debt-to-EBITDA ratio is 4.8x. Its cash and cash equivalents were $205 million in 1Q16. In the last three months, the stock has risen 6.7%.

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American Water Works’ (AWK) short interest-to-equity float ratio is 3.2%. One month ago, it was 3.3%. Three months ago, it was 3.6%. In the last three months, the stock has risen 9%—the highest among all of the five utility stocks shown in the above table. Its net debt-to-EBITDA ratio is 4.3x. Its cash and cash equivalents were $743 million in 1Q16.

WEC Energy (WEC) and Dominion Resources’ (D) short interest-to-equity float ratios are 3.0% and 2.6%, respectively.

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