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What’s the Short Interest in Helix Energy Solutions on May 10?

Alex Chamberlin - Author
By

May 15 2018, Updated 7:33 a.m. ET

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%.

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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.

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