Short interest in Helix Energy Solutions Group
As of May 10, short interest in Helix Energy Solutions Group (HLX) as a percentage of its float was 4.7% compared to 5.6% as of May 10. Since May 10, 2017, short interest in HLX has gone down 15%. So, investors decreased negative bets on HLX in the past year. Since May 10, HLX’s stock price has risen ~33%.
Short interest in HLX’s peers
Short interest in National Oilwell Varco (NOV) has decreased 14% since May 10, 2017, while its stock price has increased 19% during this period. Short interest in Key Energy Services (KEG) has decreased 21% since May 10, 2017, while KEG’s stock price decreased 27% during the same period. So, investors decreased their negative bets on NOV and KEG in the past year.
Short interest in Fairmount Santrol Holdings (FMSA) has decreased 44% since May 10, 2017, while FMSA’s stock price increased 10% during the same period. Typically, fewer investors expect a stock’s price to fall if short interest decreases.