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What’s the Short Interest in SLB and HAL after 4Q17?

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Short interest in Schlumberger

Short interest in Schlumberger (SLB) as a percentage of its float was 2.0% as of January 31, 2018, compared to 1.2% as of January 31, 2017. Since January 31, 2017, short interest in SLB has increased 65%. So, investors’ negative bets on SLB increased since December 31, 2017. Since December 31, 2017, SLB’s stock price has decreased ~11%. An increase in short interest as a percentage of float indicates that more investors expect the stock’s price to fall.

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Short interest in Halliburton

Short interest in Halliburton (HAL) as a percentage of its float was 2.9% as of December 31, 2017. Since December 31, 2017, short interest in Halliburton has increased 13%, while HAL’s stock price decreased 4% during this period. So, investors’ negative bets on HAL have increased since December 31, 2017.

Next, we’ll discuss the implied volatility of these OFS stocks.

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