NEW YORK, December 30, 2025, 07:14 ET — Premarket
- Hawaiian Electric Industries ended Monday up about 3.2% at $12.51 ahead of Tuesday’s open.
- Short interest stood around 14.05 million shares as of Dec. 15, roughly 8% of the float, recent data showed.
- Investors are watching next legal dates tied to Maui wildfire settlements and the company’s next earnings update expected in mid-February.
Hawaiian Electric Industries Inc (NYSE:HE) shares ended Monday at $12.51, up about 3.2%, as traders headed into Tuesday’s session watching elevated short selling against the stock.
The utility holding company remains a headline-driven name into the year-end stretch, with investors still focused on the timetable for Maui wildfire-related settlements and what those payments mean for financing and cash flow.
That scrutiny makes positioning important. Short interest — shares sold short in a bet that the price will fall — can magnify swings if traders rush to buy back stock to close positions.
Short interest rose to about 14.05 million shares as of Dec. 15, or roughly 8.15% of the public float, up from about 9.41 million shares in the prior reporting period, data from Yahoo Finance and Benzinga showed. (Float is the shares available for trading.)
HE traded between $12.15 and $12.73 on Monday and changed hands about 4.4 million shares, according to Yahoo Finance data.
Legal calendars remain central to the equity story. A court-authorized settlement website for the Maui fires says a proposed global settlement totals $4.037 billion, with $135 million allocated to a class settlement fund, and a Dec. 22 deadline to submit a claim for that fund.
In Hawaii, attorneys told a state court this month that survivors would not receive settlement payments before the Hawaii Supreme Court hears arguments involving insurers on Jan. 27, Hawaii News Now reported.
Company disclosures have pointed to a longer runway on cash outflows. In its Nov. 7 quarterly release, CEO Scott Seu said its “base case still assumes that our first settlement payment will occur no earlier than the first quarter of 2026.”
Index-related positioning has also shaped December trading. S&P Dow Jones Indices said on Dec. 5 that Hawaiian Electric Industries would join the S&P SmallCap 600 effective prior to the open on Dec. 22 as part of its quarterly rebalance.
Broader risk sentiment remained in focus early Tuesday. U.S. stock index futures steadied after a tech-led decline in the prior session, with investors awaiting the Federal Reserve’s December meeting minutes, a Reuters report said.
For traders, the stock’s chart levels sit near Monday’s $12.73 high and the 52-week high of $13.41, while the 52-week low stands near $8.14, according to Investing.com data.
