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Has Short Interest in Shell Risen Leading Up to 4Q16?

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Short interest in Shell

Royal Dutch Shell (RDS.A) has witnessed a 37% rise in its short interest volumes since mid-December 2016. Such a rise usually indicates that bearish sentiments for a stock are strengthening. During the same period, Shell’s stock price has risen 1%.

In the same period, Shell’s peers BP (BP) and Petrobras (PBR) have witnessed falls of 31% and 5%, respectively, in their short interests. BP and PBR’s stock prices have risen 2% and 10%, respectively, since mid-December. If you’re looking for exposure to integrated energy stocks, you can consider the iShares US Energy ETF (IYE). The ETF has ~39% exposure to the sector.

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