Short Interest in National Grid Transco, PLC (NYSE:NGG) Drops By 43.7%

01 Jul 2026, 22:00 by Renee Jackson · The Cerbat Gem

National Grid Transco, PLC (NYSE:NGG – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,301,198 shares, a decrease of 43.7% from the May 31st total of 2,312,476 shares. Based on an average daily volume of 966,873 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of National Grid Transco

Institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC boosted its position in National Grid Transco by 88.2% during the 4th quarter. Root Financial Partners LLC now owns 318 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 149 shares during the period. Johnson Financial Group Inc. bought a new stake in National Grid Transco in the third quarter valued at $25,000. Cullen Frost Bankers Inc. boosted its holdings in shares of National Grid Transco by 88.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 346 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 162 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of National Grid Transco during the third quarter valued at $28,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of National Grid Transco during the fourth quarter worth about $34,000. 4.68% of the stock is currently owned by institutional investors and hedge funds.

National Grid Transco Price Performance

Shares of NGG traded down $2.68 during trading on Wednesday, reaching $80.19. The company’s stock had a trading volume of 1,379,647 shares, compared to its average volume of 1,142,656. National Grid Transco has a twelve month low of $67.51 and a twelve month high of $94.64. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.71 and a current ratio of 0.76. The company has a fifty day moving average of $83.92 and a two-hundred day moving average of $84.58.

National Grid Transco Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, July 23rd. Investors of record on Friday, May 29th will be paid a $2.1738 dividend. This represents a yield of 533.0%. The ex-dividend date is Friday, May 29th.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of National Grid Transco in a research report on Wednesday, March 18th. The Goldman Sachs Group reissued a “neutral” rating on shares of National Grid Transco in a research note on Monday, March 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of National Grid Transco in a research report on Monday, June 1st. Zacks Research lowered National Grid Transco from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Citigroup restated a “neutral” rating on shares of National Grid Transco in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $85.50.

Check Out Our Latest Stock Report on NGG

About National Grid Transco

(Get Free Report)

National Grid Transco (NYSE: NGG) is a utility company focused on the transmission and distribution of electricity and natural gas. The company builds, owns, operates and maintains large-scale energy infrastructure, including high-voltage electricity transmission lines, electricity distribution networks and high-pressure gas pipelines. Its core activities center on providing safe, reliable delivery of energy to residential, commercial and industrial customers while meeting regulatory requirements across its service territories.