Short Interest in Pepco Holdings Inc (NASDAQ:POM) Increases By 74.0%

Pepco Holdings Inc (NASDAQ:POM) was the target of a significant growth in short interest during 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. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 35,161,288 shares, the short-interest ratio is currently 0.0 days.

Pepco Stock Down 0.4%

Shares of POM stock traded down $0.00 during trading hours on Thursday, reaching $0.10. 104,224 shares of the company traded hands, compared to its average volume of 4,510,637. Pepco has a 12-month low of $0.06 and a 12-month high of $6.43. The firm has a 50-day moving average price of $0.26 and a 200 day moving average price of $0.85.

Pepco (NASDAQ:POM) last posted its quarterly earnings data on Thursday, May 14th. The utilities provider reported ($0.12) earnings per share for the quarter. The firm 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.