Short Interest Don’t Lie: It Seems Williams Companies Incorporated (NYSE:WMB) Will Go Down. Just Reported More Shorted Shares

November 21, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest Don't Lie: It Seems Williams Companies Incorporated (NYSE:WMB) Will Go Down. Just Reported More Shorted Shares

The stock of Williams Companies Incorporated (NYSE:WMB) registered an increase of 6.07% in short interest. WMB’s total short interest was 19.64M shares in November as published by FINRA. Its up 6.07% from 18.52 million shares, reported previously. With 10.31 million shares average volume, it will take short sellers 2 days to cover their WMB’s short positions. The short interest to Williams Companies Incorporated’s float is 2.62%. About 4.28M shares traded hands. Williams Companies Inc (NYSE:WMB) has risen 67.41% since April 19, 2016 and is uptrending. It has outperformed by 63.55% the S&P500.

The Williams Companies, Inc. is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The company has a market cap of $22.97 billion. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. It currently has negative earnings. The Company’s Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

Insitutional Activity: The institutional sentiment increased to 1.11 in Q2 2016. Its up 0.18, from 0.93 in 2016Q1. The ratio is positive, as 62 funds sold all Williams Companies Inc shares owned while 212 reduced positions. 84 funds bought stakes while 170 increased positions. They now own 614.76 million shares or 0.67% less from 618.90 million shares in 2016Q1.
The Alabama-based Stanley has invested 0.08% in Williams Companies Inc (NYSE:WMB). Moreover, Schwab Charles Investment has 0.07% invested in Williams Companies Inc (NYSE:WMB) for 2.69M shares. Quantitative Systematic Strategies Lc last reported 0.28% of its portfolio in the stock. Corvex Management L P holds 41.68M shares or 12.12% of its portfolio. Amg National Savings Bank last reported 13,491 shares in the company. Glenmede Tru Na accumulated 37,203 shares or 0% of the stock. Moody State Bank Tru Division last reported 0.02% of its portfolio in the stock. Duquesne Family Office Lc has 0.69% invested in the company for 278,400 shares. Daiwa Securities Inc last reported 0% of its portfolio in the stock. Fmr Ltd Liability, a Massachusetts-based fund reported 62.58M shares. Nuveen Asset Limited Liability Co has 0.12% invested in the company for 884,347 shares. Moreover, Swiss Bank has 0.07% invested in Williams Companies Inc (NYSE:WMB) for 1.99 million shares. Susquehanna Grp Llp holds 0.01% of its portfolio in Williams Companies Inc (NYSE:WMB) for 912,615 shares. Dnb Asset As accumulated 0% or 30,700 shares. Analytic Investors Limited Liability Co accumulated 30,044 shares or 0.01% of the stock.

Insider Transactions: Since August 12, 2016, the stock had 1 buying transaction, and 2 insider sales for $1.09 million net activity. 2,000 shares were sold by Timmermans Ted T, worth $52,468 on Friday, August 12. On Monday, November 7 Miller Rory Lee sold $1.18 million worth of the stock or 40,000 shares. Shares for $141,138 were bought by CHAZEN STEPHEN I.

Williams Companies Inc (NYSE:WMB) Ratings Coverage

Out of 12 analysts covering Williams Companies Inc. (NYSE:WMB), 7 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. Williams Companies Inc. has been the topic of 22 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Jefferies downgraded the shares of WMB in a report on Thursday, July 23 to “Hold” rating. The rating was maintained by Citigroup with “Neutral” on Tuesday, August 2. The company was maintained on Tuesday, March 22 by Jefferies. Jefferies maintained the shares of WMB in a report on Wednesday, June 8 with “Buy” rating. The rating was initiated by Stephens on Thursday, September 29 with “Equal-Weight”. The rating was maintained by Goldman Sachs on Wednesday, July 13 with “Buy”. The rating was initiated by RBC Capital Markets on Monday, September 26 with “Outperform”. Argus Research maintained Williams Companies Inc (NYSE:WMB) rating on Wednesday, August 12. Argus Research has “Buy” rating and $49.98 price target. The rating was downgraded by Howard Weil to “Sector Perform” on Tuesday, September 29. The company was maintained on Monday, August 22 by Argus Research.

WMB Company Profile

The Williams Companies, Inc., incorporated on February 3, 1987, is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Company’s activities are located in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands. The Firm operates through three divisions: Williams Partners, Access Midstream, and Williams NGL and Petchem Services. The Company’s Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses. The Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee contracts. The Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant. Other is comprised of corporate activities and its Canadian construction services company.

More important recent Williams Companies Inc (NYSE:WMB) news were published by: Fool.com which released: “Here’s What Williams Companies Inc’s CEO Wants You to Know About 2017” on November 15, 2016, also Fool.com published article titled: “Williams Companies Inc’s Earnings Leave Several Unanswered Questions”, Fool.com published: “Better Buy Now: Williams Companies Inc vs. Energy Transfer Equity LP” on October 27, 2016. More interesting news about Williams Companies Inc (NYSE:WMB) was released by: Fool.com and their article: “3 Questions Williams Companies Inc Investors Want Answered Next Week” with publication date: October 28, 2016.

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By Winifred Garcia


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