Short Interest in Sempra Energy (NYSE:SRE) Increases By 29.9%

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Short interest in Sempra Energy (NYSE:SRE) significantly increased by 29.9% to 11,281,352 shares as of February 13th, representing about 1.7% of the company’s stock. Despite mixed quarterly results with revenue slightly missing estimates, the company’s EPS beat expectations, and it raised its quarterly dividend. Institutional investors hold a substantial portion of the stock, and analysts maintain a “Moderate Buy” rating with an average price target of $99.20.

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