Pepco Holdings Inc (NASDAQ:POM) Short Interest Up 74.0% in May

Pepco Holdings Inc (NASDAQ:POM) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 1,220,775 shares, an increase of 74.0% from the April 30th total of 701,443 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average trading volume of 35,161,288 shares, the days-to-cover ratio is currently 0.0 days.

Pepco Stock Performance

Shares of POM remained flat at $0.10 during trading hours on Tuesday. The stock had a trading volume of 515,855 shares, compared to its average volume of 19,933,900. The company’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.91. Pepco has a 52 week low of $0.06 and a 52 week high of $6.43.

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