Today’s Short Interest Alert: Is Wgl Holdings Incorporated (NYSE:WGL)’s Fuel Running Low? Reports Show More Sellers

November 21, 2016 - By Ruchi Gupta   ·   0 Comments

Today's Short Interest Alert: Is Wgl Holdings Incorporated (NYSE:WGL)’s Fuel Running Low? Reports Show More Sellers

The stock of Wgl Holdings Incorporated (NYSE:WGL) registered an increase of 1.88% in short interest. WGL’s total short interest was 1.33M shares in November as published by FINRA. Its up 1.88% from 1.31M shares, reported previously. With 235,700 shares average volume, it will take short sellers 6 days to cover their WGL’s short positions. The short interest to Wgl Holdings Incorporated’s float is 2.64%. About 103,803 shares traded hands. WGL Holdings Inc (NYSE:WGL) has declined 6.65% since April 19, 2016 and is downtrending. It has underperformed by 10.51% the S&P500.

WGL Holdings, Inc. is a holding company. The company has a market cap of $3.50 billion. The Firm operates through four divisions. It has a 19.84 P/E ratio. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use clients and natural gas transportation services to an unaffiliated natural gas distribution firm and Hampshire Gas Company, which provides regulated interstate natural gas storage services.

Insitutional Activity: The institutional sentiment increased to 1.18 in Q2 2016. Its up 0.09, from 1.09 in 2016Q1. The ratio is positive, as 20 funds sold all WGL Holdings Inc shares owned while 79 reduced positions. 25 funds bought stakes while 83 increased positions. They now own 34.12 million shares or 1.38% more from 33.66 million shares in 2016Q1.
Comerica Bankshares holds 0.02% or 34,985 shares in its portfolio. Moreover, Raymond James Services Advsr has 0.01% invested in WGL Holdings Inc (NYSE:WGL) for 11,431 shares. Matarin Capital Management Limited Liability last reported 59,836 shares in the company. Nationwide Fund Advsr accumulated 118,122 shares or 0.04% of the stock. Amalgamated Natl Bank, a New York-based fund reported 6,254 shares. Susquehanna International Grp Ltd Liability Partnership last reported 0% of its portfolio in the stock. Citigroup owns 10,686 shares or 0% of their US portfolio. Hennessy Advsrs reported 313,092 shares or 0.67% of all its holdings. Moreover, Dimensional Fund Advsr Lp has 0.04% invested in WGL Holdings Inc (NYSE:WGL) for 930,468 shares. Citadel Advsrs has 0% invested in the company for 18,429 shares. Mutual Of America Capital Mngmt Ltd Liability last reported 37,068 shares in the company. Oppenheimer And Inc accumulated 0.02% or 7,162 shares. Chesley Taft & Limited Com, a Illinois-based fund reported 6,650 shares. The New Jersey-based Prudential Fincl has invested 0.01% in WGL Holdings Inc (NYSE:WGL). Geode Mngmt Limited Company holds 340,610 shares or 0.01% of its portfolio.

WGL Holdings Inc (NYSE:WGL) Ratings Coverage

Out of 2 analysts covering WGL Holdings (NYSE:WGL), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. WGL Holdings has been the topic of 2 analyst reports since January 6, 2016 according to StockzIntelligence Inc. The stock of WGL Holdings Inc (NYSE:WGL) earned “Hold” rating by BB&T Capital on Wednesday, March 30. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 6.

WGL Company Profile

WGL Holdings, Inc. (WGL), incorporated on March 9, 2005, is a holding company. The Company, through its subsidiaries, sells and delivers natural gas, and provides a range of energy-related services and products to clients in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. The Firm operates through four divisions: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. In addition to its primary markets, WGL’s non-utility subsidiaries provide customized energy solutions with business activities across the United States. The Company’s subsidiaries include Washington Gas Light Company (Washington Gas), Washington Gas Resources Corporation (Washington Gas Resources), Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources’ subsidiaries include WGL Energy Services, Inc. (WGL Energy Services), WGL Energy Systems, Inc. (WGL Energy Systems), WGL Midstream, Inc. (WGL Midstream) and WGSW, Inc. (WGSW).

More recent WGL Holdings Inc (NYSE:WGL) news were published by: Businesswire.com which released: “WGL Holdings, Inc. Reports Fiscal Year 2016 Financial Results; Issues Fiscal …” on November 16, 2016. Also Marketwatch.com published the news titled: “/quotes/zigman/3870025/realtime” on January 30, 2011. Businesswire.com‘s news article titled: “WGL Holdings, Inc. Reports First Quarter Fiscal Year 2016 Financial Results …” with publication date: February 05, 2016 was also an interesting one.

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By Ruchi Gupta


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