Short interest in Whiting Petroleum stock
On May 25, the short interest ratio (or short interest as a percentage of float) for Whiting Petroleum (WLL) stock was ~16.0%. In May 2017, the short interest ratio for Whiting Petroleum stock was ~3.7%.
Short interest in WLL jumped in November 2017 after the company announced its one-for-four reverse stock split decision. Since then, short interest in WLL stock has remained high.
WLL stock has demonstrated a consistent uptrend since late 2017, boosted by strong crude oil prices (DBO)(UCO), upbeat Q4 2017 earnings, and upbeat first-quarter earnings. Please refer to Part 1 for more information about WLL’s recent stock performance. WLL’s stock price on May 25 was $48.84, compared to $31.68 a year ago.