Whiting Petroleum: Gauging Short Interest Trends in the Stock

Short interest in Whiting Petroleum stock

On April 21, 2017, Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) was ~12.2%. Its short interest ratio was ~12.6% at the beginning of the year.

Whiting Petroleum: Gauging Short Interest Trends in the Stock

The above graph shows how the short interest ratio of Whiting Petroleum’s stock is around the same level as it was at the beginning of the year. However, its stock price has fallen considerably since the beginning of the year.

Whiting Petroleum’s stock price was $12.64 on January 3, 2017, and was $8.07 on April 21, 2017.

By comparison, peers Oasis Petroleum (OAS), Cimarex Energy (XEC), and Continental Resources (CLR) have short interest ratios of ~16.3%, ~2.9%, and ~22%, respectively. These companies account for 4% of the iShares US Oil & Gas Exploration & Production ETF (IEO).

To learn more about Whiting Petroleum, check out Market Realist’s Must-Read Insights into Whiting Petroleum’s Key Fundamentals.