Short Interest in Pepco Holdings Inc (NASDAQ:POM) Expands By 200.4%

Pepco Holdings Inc (NASDAQ:POM) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 701,443 shares, an increase of 200.4% from the April 15th total of 233,506 shares. Based on an average trading volume of 2,422,514 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the company are short sold.

Pepco Price Performance

Shares of POM traded down $0.01 during trading hours on Thursday, hitting $0.12. The company had a trading volume of 5,983,825 shares, compared to its average volume of 20,388,082. The business has a fifty day moving average of $0.32 and a 200-day moving average of $1.36. Pepco has a 12 month low of $0.06 and a 12 month high of $6.43.

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