TOT’s short interest
Total SA (TOT) has witnessed a 65% fall in its short interest since February 2016. This indicates that the bearish sentiment for the stock is weakening. During the same period, TOT’s stock price has risen by 19%.
Also, in the same period, TOT’s peers ExxonMobil (XOM), Royal Dutch Shell (RDS.A), and Suncor Energy (SU) have witnessed a fall in their respective short interest by 9%, 41%, and 15%. They saw a rise in their stocks by 19%, 31%, and 34%, respectively.
For global stock exposure, you could consider the Vanguard Total World Stock ETF (VT). This ETF has 21% exposure to the European stocks and contains Shell and Total in its portfolio.