Short interest in Keane Group
As of May 25, 2018, short interest in Keane Group (FRAC) as a percentage of its float was 13.4%, compared to 32.5% as of May 25, 2017. Since May 25, 2017, short interest in FRAC has fallen 38%. So investors decreased their negative bets on FRAC in the past year. Since May 25, 2017, FRAC’s stock price has decreased ~6%.
Short interest in FRAC’s peers
Short interest in National Oilwell Varco (NOV) has decreased 7% since May 25, 2017, while its stock price has increased 27%. Short interest in Key Energy Services (KEG) has decreased 33% while KEG’s stock price decreased 13%. So investors decreased their negative bets on NOV and KEG in the past year.
Short interest in Fairmount Santrol Holdings (FMSA) has decreased 53% while FMSA’s stock price increased 11%. Typically, fewer investors expect a stock’s price to fall if short interest decreases.