What’s Propelling Xcel Energy Inc (NASDAQ:XEL) After Higher Shorts Reported?

Xcel Energy Inc. (NASDAQ:XEL) Logo

Investors sentiment decreased to 1.18 in Q1 2019. Its down 0.05, from 1.23 in 2018Q4. It turned negative, as 31 investors sold Xcel Energy Inc. shares while 183 reduced holdings. 72 funds opened positions while 180 raised stakes. 387.73 million shares or 0.59% more from 385.47 million shares in 2018Q4 were reported.
Employees Retirement Systems Of Texas has invested 0.02% in Xcel Energy Inc. (NASDAQ:XEL). Teachers Retirement Of The State Of Kentucky holds 0.04% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL) for 51,995 shares. Rampart Investment Mngmt Ltd Llc owns 39,657 shares. Hennessy Inc has 0.76% invested in Xcel Energy Inc. (NASDAQ:XEL). Calamos Advisors Ltd Limited Liability Company holds 0.06% in Xcel Energy Inc. (NASDAQ:XEL) or 168,460 shares. 2.38M are held by Sumitomo Mitsui Tru. Hwg Holdings L P has invested 0.67% in Xcel Energy Inc. (NASDAQ:XEL). Pennsylvania Tru Company has 230,498 shares for 0.77% of their portfolio. Reilly Advsrs Limited Co holds 0.02% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL) for 2,901 shares. Nbt State Bank N A Ny holds 0.04% in Xcel Energy Inc. (NASDAQ:XEL) or 3,861 shares. Rocky Mountain Advisers Ltd holds 1.16% or 5,800 shares in its portfolio. Stillwater Inv Mgmt Limited invested in 0.37% or 16,067 shares. Canada Pension Plan Board stated it has 475,884 shares or 0.05% of all its holdings. Shelton holds 0.2% or 2,834 shares. Goelzer Inv Management Inc has 8,800 shares.

The stock of Xcel Energy Inc (NASDAQ:XEL) registered an increase of 19.06% in short interest. XEL’s total short interest was 19.45 million shares in August as published by FINRA. Its up 19.06% from 16.34M shares, reported previously. With 2.85M shares average volume, it will take short sellers 7 days to cover their XEL’s short positions.

The stock decreased 0.24% or $0.15 during the last trading session, reaching $61.38. About 2.23M shares traded. Xcel Energy Inc. (NASDAQ:XEL) has risen 28.78% since August 13, 2018 and is uptrending. It has outperformed by 28.78% the S&P500.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. The company has market cap of $31.61 billion. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other divisions. It has a 25.08 P/E ratio. The firm generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources.

More notable recent Xcel Energy Inc. (NASDAQ:XEL) news were published by: Nasdaq.com which released: “Nasdaq 100 Movers: CTAS, XEL – Nasdaq” on March 22, 2019, also Seekingalpha.com with their article: “Xcel Energy Q2 2019 Earnings Preview – Seeking Alpha” published on July 31, 2019, Nasdaq.com published: “Algonquin Power & Utilities (AQN) Q2 Earnings Miss Estimates – Nasdaq” on August 09, 2019. More interesting news about Xcel Energy Inc. (NASDAQ:XEL) were released by: Nasdaq.com and their article: “Market Close Report: NASDAQ Composite index closes at 7,726.04 down -278.03 points – Nasdaq” published on August 05, 2019 as well as Nasdaq.com‘s news article titled: “Clearway Energy (CWEN) Incurs Loss in Q2, Lowers 2019 View – Nasdaq” with publication date: August 06, 2019.

Xcel Energy Inc. (NASDAQ:XEL) Institutional Positions Chart

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