Chesapeake Energy Corp. (CHK) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, CHK has seen 3 different instances of insider buying, as summarized by the table below:
|06/21/2013||Frederic M. Poses||Director||152,632||$19.87||$3,032,797.84|
|08/06/2013||Thomas L. Ryan||Director||8,000||$25.30||$202,440.00|
|11/08/2013||Archie W. Dunham||Director||200,000||$25.86||$5,171,600.00|
Below is a chart showing the "days to cover" for CHK over time:
And looking at the chart below, CHK's low point in its 52 week range is $16.23 per share, with $29.06 as the 52 week high point — that compares with a last trade of $26.89.