Could Pembina Pipeline Corp Ordinary Shares (canada) (NYSE:PBA) See a Reversal After Less Sellers Came In?

August 9, 2018 - By Kristin Houston

Pembina Pipeline Corporation (NYSE:PBA) Logo

The stock of Pembina Pipeline Corp Ordinary Shares (canada) (NYSE:PBA) registered a decrease of 2.14% in short interest. PBA’s total short interest was 1.98M shares in August as published by FINRA. Its down 2.14% from 2.02M shares, reported previously. With 579,200 shares average volume, it will take short sellers 3 days to cover their PBA’s short positions. The short interest to Pembina Pipeline Corp Ordinary Shares (canada)’s float is 0.49%.

The stock decreased 0.20% or $0.07 during the last trading session, reaching $35.59. About 330,916 shares traded. Pembina Pipeline Corporation (NYSE:PBA) has risen 2.84% since August 9, 2017 and is uptrending. It has underperformed by 9.73% the S&P500.

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. The company has market cap of $18.10 billion. It operates through four divisions: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services, and Midstream. It has a 22.09 P/E ratio. The Conventional Pipelines segment operates approximately 10,000 kilometers of pipeline network that transports hydrocarbon products and extends across Alberta and parts of British Columbia, Saskatchewan, and North Dakota.

More news for Pembina Pipeline Corporation (NYSE:PBA) were recently published by: Seekingalpha.com, which released: “Investors awaiting pipeline plans from midstream operators in Q2 reports” on July 13, 2018. Streetinsider.com‘s article titled: “Pembina Pipeline (PBA) Reports Q2 EPS of $1.11, Revenues Beat” and published on August 02, 2018 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.