share_log

Short Interest in Chesapeake Energy Co. (NASDAQ:CHKEW) Declines By 25.0%

kopsource ·  Feb 15, 2023 22:02

Chesapeake Energy Co. (NASDAQ:CHKEW – Get Rating) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, a drop of 25.0% from the January 15th total of 400 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.3 days.

Chesapeake Energy Stock Performance

NASDAQ:CHKEW remained flat at $70.64 during trading hours on Wednesday. The company had a trading volume of 456 shares, compared to its average volume of 723. Chesapeake Energy has a 12 month low of $39.90 and a 12 month high of $102.30. The company has a 50 day moving average of $80.44 and a two-hundred day moving average of $83.93.

Get Chesapeake Energy alerts:

Institutional Investors Weigh In On Chesapeake Energy

Several hedge funds have recently added to or reduced their stakes in CHKEW. UBS Group AG increased its holdings in shares of Chesapeake Energy by 25.3% in the second quarter. UBS Group AG now owns 727 shares of the company's stock worth $44,000 after buying an additional 147 shares during the period. Bank of New York Mellon Corp purchased a new position in Chesapeake Energy during the 1st quarter valued at about $277,000. OTA Financial Group L.P. purchased a new position in Chesapeake Energy during the 3rd quarter valued at about $8,167,000. Fort Baker Capital Management LP grew its holdings in shares of Chesapeake Energy by 5.0% during the 3rd quarter. Fort Baker Capital Management LP now owns 216,115 shares of the company's stock worth $17,361,000 after acquiring an additional 10,344 shares during the period. Finally, Aristeia Capital LLC bought a new stake in shares of Chesapeake Energy in the 3rd quarter worth approximately $19,075,000.

Featured Articles

  • Get a free copy of the StockNews.com research report on Chesapeake Energy (CHKEW)
  • Roblox Gains Traction With Metaverse, Shares Pop
  • GXO Logistics Manages Another Buying Opportunity
  • Analysts Like The Flavor Of Restaurant Brands International
  • Arista Networks In Buy Range After Topping Q4 Views
  • What is Consumer Discretionary?

Receive News & Ratings for Chesapeake Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment