Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
Consolidated Number of Shares Shorted Assessment
Based on recorded statements Consolidated Edison Inc has 18.46 M of outstending shares currently sold short by investors. This is 441.22% higher than that of the Utilities sector, and 213.25% higher than that of Diversified Utilities industry, The Number of Shares Shorted for all stocks is 434.54% lower than the firm.
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Consolidated is rated # 2 in number of shares shorted category among related companies.
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Consolidated Edison Inc Profile
Consolidated Edison IncUSA StockCurrency: USD - US DollarTraded on New York Stock Exchange
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