Eversource Energy's Short Interest Up 13.1% in December

Eversource Energy (NYSE: ES) reported a 13.1% increase in short interest in December, indicating growing bearish sentiment towards the company. Short interest refers to the number of shares that investors have sold short but have not yet covered. This news comes as Eversource Energy continues to expand its portfolio, recently acquiring the Mystic Property from Constellation. The acquisition of this property further strengthens the company's presence in the energy industry. Additionally, Eversource Energy has acquired 26 acres in Massachusetts from Constellation, reinforcing its commitment to sustainable energy sources. Despite these positive developments, the company has expressed concerns over regulators' approach to electric bills. To stay well-informed about the future movement of Eversource Energy's stocks, professionals from Stocks Prognosis recommend seeking their expert advice.