Short interest in Hess’s shares
On June 28, 2016, Hess Corporation’s (HES) short interest as a percentage of its float, or its short interest ratio, was 5.8%. Its short interest ratio on March 31, 2016, was 5.6%. This means that since the end of 1Q16, Hess’s short interest has risen by 7%.
Hess’s stock price during these two periods was $52.65 on March 31, 2016, and $52.63 on June 28, 2016. Broadly, as we can see in the image above, Hess’s stock price and short interest as a percentage of float are inversely related.