A Reversal for Peabody Energy Corporation (NYSE:BTU) Is Not Near. The Stock Has Rise in Shorts

April 19, 2018 - By Clifton Ray

Peabody Energy Corporation (NYSE:BTU) Logo

The stock of Peabody Energy Corporation (NYSE:BTU) registered an increase of 3.28% in short interest. BTU’s total short interest was 4.87 million shares in April as published by FINRA. Its up 3.28% from 4.71M shares, reported previously. With 1.15 million shares average volume, it will take short sellers 4 days to cover their BTU’s short positions. The short interest to Peabody Energy Corporation’s float is 5.83%.

The stock increased 2.82% or $1.05 during the last trading session, reaching $38.34. About 1.68 million shares traded or 41.37% up from the average. Peabody Energy Corporation (NYSE:BTU) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Peabody Energy Corporation Peabody engages in coal mining business. The company has market cap of $4.85 billion. The firm operates through six operating divisions: Powder River Basin Mining, Midwestern U.S. It has a 12.28 P/E ratio. Mining, Western U.S.

Peabody Energy Corporation (NYSE:BTU) Ratings Coverage

Among 5 analysts covering Peabody Energy (NYSE:BTU), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Peabody Energy had 6 analyst reports since November 14, 2017 according to SRatingsIntel. The stock of Peabody Energy Corporation (NYSE:BTU) earned “Overweight” rating by JP Morgan on Friday, March 16. FBR Capital maintained the shares of BTU in report on Monday, April 2 with “Buy” rating. On Tuesday, January 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock has “Buy” rating by Seaport Global on Monday, January 22.

Peabody Energy Corporation (NYSE:BTU) Ratings Chart

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