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Short Interest Trends in Cimarex Energy’s Stock

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Short interest in Cimarex Energy’s shares

On July 25, 2016, short interest as a percentage of float (or short interest ratio) in Cimarex Energy’s (XEC) stock was ~2.8%. Its short interest ratio on March 31, 2016, was 5%. This means that since the end of 1Q16, Cimarex Energy’s short interest has decreased by ~44%.

Cimarex Energy’s stock price was $97.27 on March 31, 2016, and $113.69 on July 25, 2016. Broadly, as we can see in the chart above, Cimarex Energy’s stock price and short interest as a percentage of float are inversely related.

Cimarex Energy’s peers Anadarko Petroleum (APC) and Hess (HES) have short interest ratios of ~2.5% and ~6.1%, respectively. These companies make up 4.6% of the Energy Select Sector SPDR ETF (XLE).

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