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

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

Pepco Stock Performance

POM stock remained flat at $0.10 during trading on Tuesday. The company’s stock had a trading volume of 515,855 shares, compared to its average volume of 19,933,900. Pepco has a one year low of $0.06 and a one year high of $6.43. The company has a fifty day simple moving average of $0.27 and a two-hundred day simple moving average of $0.91.

Pepco (NASDAQ:POM) last announced its quarterly 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 during the quarter.

About Pepco

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.