Short interest in Hess’s shares
On July 15, 2016, short interest as a percentage of its float (or short interest ratio) in Hess (HES) stock was 5.9%. 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 $56.93 on July 15, 2016. Broadly, as we can see in the above graph, Hess’s stock price and short interest as a percentage of float are inversely related.