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Short Interest in Kosmos Energy Stock Is on the Rise

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Short interest in Kosmos Energy stock

On May 15, 2017, Kosmos Energy’s (KOS) total shares shorted (or short interest) stood at ~32.4 million, and its average daily volume was ~14.3 million.

The short interest ratio in KOS stock is ~9.56x. The 52-week range for the short interest ratio in KOS stock is 5.99x–14.45x.

The current short interest in KOS stock as a percentage of its shares outstanding is increasing rapidly. Right now, it’s on the higher side at ~8.4% compared to all the other upstream companies included in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

Since the start of 2017, short interest in Kosmos Energy stock as a percentage of its shares outstanding has risen from ~4.1% to ~8.4%, despite the ~4% rise in its stock price.

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Other upstream players

Other upstream companies such as Diamondback Energy (FANG), Marathon Oil (MRO), and Murphy Oil (MUR) have short interests as percentages of their shares outstanding of ~4.2%, ~4.7%, and ~15.3%, respectively.

The Direxion Daily Energy Bull 3X ETF (ERX) is a leveraged ETF that invests in domestic companies from the energy sector.

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