A Pre-Earnings Analysis: Short Interest in Phillips 66
Short interest in Phillips 66
Phillips 66 (PSX) has seen a 5.0% fall in its short interest volumes since the end of March 2017. A fall usually implies a less bearish sentiment for the stock. In the same period, Phillips 66 stock fell 4.0%.
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Short interest for peers
In the same period, Phillips 66’s peers Delek US Holdings (DK), HollyFrontier (HFC), and Alon USA Energy (ALJ) have risen in short interest by 25.0%, 2.0%, and 15.0%, respectively. DK, HFC, and ALJ stocks have fallen 11.0%, 6.0%, and 12.0%, respectively, since the end of March 2017.
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