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 2 different instances of insider buying, as summarized by the table below:
|11/08/2013||Archie W. Dunham||Director||200,000||$25.86||$5,171,600.00|
|12/13/2013||Thomas L. Ryan||Director||6,000||$26.73||$160,380.00|
|02/28/2014||Thomas L. Ryan||Director||10,000||$25.87||$258,700.00|
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 $18.21 per share, with $29.06 as the 52 week high point — that compares with a last trade of $24.72.