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Analyzing Short Interest Trends in Whiting Petroleum Stock

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Dec. 4 2020, Updated 10:52 a.m. ET

Short interest in Whiting Petroleum stock

On September 8, 2017, the short interest as a percentage of float in Whiting Petroleum (WLL) stock, or its short interest ratio, was ~21.4%. In January, its short interest ratio was ~12.6%. However, the short interest in Whiting Petroleum stock has fallen from the peak of ~23% that it reached by the end of 2Q17.

A decrease in the short interest usually means that investors are more bullish on a stock’s movements.

However, investors’ expectations could be wrong. As you can see in the above chart, Whiting Petroleum stock has shown a consistent falling trend since the beginning of 2017. Whiting Petroleum stock has fallen ~70% year-to-date.

Keep visiting Market Realist to learn about Whiting Petroleum’s stock movements amid the company’s recent steps.

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Peer comparison

In comparison, the short interest in Apache (APA), Concho Resources (CXO), and Newfield Exploration (NFX) was ~6.4%, 4.6%, and ~4.7%, respectively, as of September 8, 2017.

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