Pepco Holdings Inc (NASDAQ:POM) Short Interest Down 52.4% in May

Pepco Holdings Inc (NASDAQ:POM) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 581,349 shares, a decrease of 52.4% from the May 14th total of 1,220,775 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,159,631 shares, the days-to-cover ratio is currently 0.5 days.

Pepco Price Performance

Pepco stock traded down $0.01 during mid-day trading on Friday, reaching $0.10. 602,748 shares of the company’s stock were exchanged, compared to its average volume of 1,325,836. Pepco has a twelve month low of $0.06 and a twelve month high of $6.43. The company has a fifty day moving average of $0.23 and a 200-day moving average of $0.65.

Pepco (NASDAQ:POM) last released its earnings results on Thursday, May 14th. The utilities provider reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $16.40 million for the quarter.

Pepco Company Profile

Pepco Holdings LLC, formerly Pepco Holdings, Inc, is a holding company. The Company, through its utility subsidiaries, is engaged in the transmission, distribution and default supply of electricity, and the distribution and supply of natural gas. The Company’s segments include Power Delivery, Pepco Energy Services, and Corporate and Other. The Company’s subsidiaries include Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE). Pepco is engaged in the transmission, distribution and default supply of electricity.