What’s the Short Interest in Southwestern Energy Stock?

As of July 14, 2017, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~49.5 million, whereas its average daily volume was ~18.4 million.

Nicholas Chapman - Author
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Aug. 14 2017, Updated 7:36 a.m. ET

uploads///SWN Q Post Short Interest

Short interest in Southwestern Energy stock

  • As of July 14, 2017, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~49.5 million, whereas its average daily volume was ~18.4 million. This means the short interest ratio for SWN’s stock is ~2.69x. Here the average daily volume is calculated for the short interest reporting period from July 1, 2017, to July 14, 2017.
  • Southwestern Energy’s short interest ratio has a 52-week high of 6.20x and a 52-week low of 2.53x.
  • Southwestern Energy’s short interest as a percentage of its 20-day average volume, 90-day average volume, and 180-day average volume is 2.82x, 2.37x, and 2.81x, respectively.
  • The current short interest in Southwestern Energy stock as a percentage of shares outstanding is ~9.8%.
  • Short interest in Southwestern Energy’s stock as a percentage of shares outstanding is on the higher side when compared with many other upstream stocks from the SPDR S&P Oil and Gas Exploration & Production ETF (XOP).
  • As seen in the above chart, short interest in Southwestern Energy stock as a percentage of shares outstanding has fallen from ~10.3% to ~9.8% in 2017 despite a ~44% decline in SWN’s stock price during the same period. To know more about SWN’s recent price performance, refer to part five of this series.
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Other upstream players

Other oil and gas exploration and production companies like California Resources (CRC), W&T Offshore (WTI), and ConocoPhillips (COP) have short interest as a percentage of shares outstanding of ~39.1%, ~6.0%, and ~2.6%, respectively. Just like Southwestern Energy, both California Resources (CRC) and W&T Offshore (WTI) saw an increase in their short interest in the last one month. The Direxion Daily Energy Bull 3X ETF (ERX) is a leveraged ETF that invests in domestic companies from the energy sector.

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