Public Service Enterprise Group

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The Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey and was established in 1985 with a legacy dating back to 1903. The company's largest subsidiary is Public Service Electric and Gas Company (PSE&G). The Public Service Electric and Gas Company is a regulated gas and electric utility company established in 1928 serving the state of New Jersey and it is New Jersey's oldest and largest investor owned utility company; the Public Service Electric and Gas Company was established in 1928 and was originally a subsidiary of the New-Jersey-based Public Service Corporation.

Public Service Enterprise Group has been a target of short sellers for a while. The current short interest of 1.76% is roughly at the average of the last 12 months (1.89%).