uploads///SI

What Are the Short Interest Trends in Callon Stock?

By

Aug. 18 2020, Updated 10:26 a.m. ET

Short interest in CPE stock

Callon Petroleum’s (CPE) short interest ratio (short interest as a percentage of float) on January 5, 2017, was ~11.9%. Its short interest ratio on September 30, 2016, was ~12.5%.

Callon Petroleum’s (CPE) stock price was $15.7 on September 30, 2016, and $16.05 on January 5, 2017. As we can see in the chart above, Callon’s stock price and short interest as a percentage of float have been broadly moving in opposite directions.

In comparison, CPE peers Oasis Petroleum (OAS), Sanchez Energy (SN), and Continental Resources (CLR) have short interest ratios of ~16.0%, 19.9%, and ~22.1%, respectively. All these companies make up 6.8% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

For operational and other insights into Callon Petroleum, you can read Callon Petroleum in Perspective: Should CPE Be on Your Radar?

Article continues below advertisement
Advertisement

More From Market Realist