Consolidated Edison, Inc.
Market Cap
38B
Short interest (May 15)
2.8%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.27%
↓ 3.3%
Available Shares
4M
↓ 32.8%
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Company Overview
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York, including New York City, and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
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