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SunEdison, Black Hills, CONSOL attract short interest in 1st half of February

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SunEdison, Black Hills, CONSOL attract short interest in 1st half of February

sat atop of thelist of top 10 S&P Global Market Intelligence-covered power and natural gascompanies with the greatest increases in short interest per shares outstandingduring the first half of February, adding 128 basis points of short interest toland at 24.96% of shares held short. Short bettors moved into the company'sstock after it grantedGreenlight Capital Inc.a seat on its board and agreed to a two-year break on equity issuances.

secured thesecond spot and added 111 basis points of short interest to land at 11.89% ofshares held short as of Feb. 12, followed by First Solar Inc., OGE Energy Corp. and Alliant Energy Corp., respectively.

occupied thetop spot on the list of top 10 S&P Global Market Intelligence-covered powerand natural gas companies with the greatest decreases in short interest pershares outstanding during the period. The company dropped 102 basis points ofshort interest to land at 7.01% of shares out as of Feb. 12. The short-interestdecrease in the Houston-based company's stock after affiliate announced agreementsto acquire retail energy companies with more than 500,000 of combinedresidential customer equivalents.

dropped 98 basispoints of short interest to land at 3.29% of shares out. Other companiesfeatured on the list included DynegyInc., NorthwestNatural Gas Co. and TerraFormPower Inc., respectively.

SunEdisonsecured the first spot on the list of the top 10 S&P Global MarketIntelligence-covered power and natural gas companies with the greatest volumeof short interest per shares outstanding during the period, followed bySolarCity Corp,TerraForm Power, Black Hills and PatternEnergy Group Inc., respectively.

AmongS&P Global Market Intelligence-covered coal companies, saw the biggestshort-interest increase in terms of basis points during the first half ofFebruary, adding 480 basis points to land at 28.84% of shares held short as ofFeb. 12. The short-betting activity in the company's stock came after itreported total provedreserves of 5.6 Tcfe as of Dec. 31, 2015, down from 6.8 Tcfe at the end of2014. Meanwhile, Cloud PeakEnergy Inc. added 198 basis points to land at 21.23% of shares heldshort.

Onthe other hand, Arch Coal Inc.and Westmoreland Coal Co.were among the coal companies, which saw the biggest short-interest decreasesin terms of basis points during the period. Arch Coal dropped 585 basis pointsto land at 12.15% of shares out, while Westmoreland shed 325 basis points toland at 25.27% of shares out during the period.