How Has DK’s Short Interest Trended ahead of 2Q16 Earnings?



DK’s short interest is up

In the past six months, Delek US Holdings (DK) has witnessed an 118% rise in its short interest. This indicates that the bearish sentiment for the stock is strengthening. Also, during the same period, DK’s stock price fell by 33%.

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Peers’ short interest

In the same period, DK’s peers Northern Tier Energy (NTI) and CVR Refining (CVRR) have witnessed 165% and 9% rises in short interest, respectively. But PBF Energy (PBF) and Valero Energy (VLO) have witnessed a fall in short interest by 30% and 21%, respectively. NTI, CVRR, PBF, and VLO’s stock prices fell by 18%, 63%, 38%, and 26%, respectively, in the past six months. The iShares U.S. Energy ETF (IYE) has ~7% exposure to refining sector stocks.


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