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.
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share, determined based on the timing of issuance of shares or units in the period.
Based on recorded statements Consolidated Edison Inc has 11.23 M of outstending shares currently sold short by investors. This is 289.72% higher than that of the Utilities sector, and 108.81% higher than that of Electric Utilities industry, The Number of Shares Shorted for all stocks is 268.49% lower than the firm.