X
<

Is Oil Price Recovery Enough for CHK Stock?

PART:
1 2 3 4 5
Part 5
Is Oil Price Recovery Enough for CHK Stock? PART 5 OF 5

What’s the Short Interest for CHK Stock?

Short interest

On September 29, 2017, short interest as a percentage of float, or the short interest ratio, in Chesapeake Energy (CHK) stock was 22.2%. In January 2017, the short interest ratio in Chesapeake Energy stock had been ~12%.

What&#8217;s the Short Interest for CHK Stock?

Interested in CHK? Don't miss the next report.

Receive e-mail alerts for new research on CHK

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

A rise in short interest can be considered to be rising bearish sentiment for the stock. Short interest in Chesapeake Energy stock and the price of the stock have mostly moved in opposite directions since the beginning of 2017.

As we can see above, the short interest ratio in Chesapeake Energy stock has risen significantly since the beginning of 2017. CHK stock has fallen from $6.92 at the beginning of the year to $4.3 as of September 29, 2017.

However, the ratio has fallen since July 2017, when short interest in CHK peaked at ~23%. A decline in short interest means that at least some investors have cut negative bets on the stock and no longer see an ongoing downside in the stock. As we can see, CHK’s stock has been inching upwards recently, rising from its lowest levels this year of $3.61 in late August. To learn about why crude oil prices have been rising recently, read part one of this series.

In comparison, short interest in CHK peer Noble Energy (NBL) is ~3.9%, while short interest in EQT (EQT) stock is ~19%.

For more insight on Chesapeake Energy, please read How Would You Play Chesapeake Energy? Part 2.

X

Please select a profession that best describes you: