Short interest in Weatherford International
Short interest in WFT’s peers
Short interest in Halliburton (HAL) has decreased 43% since June 22, 2017, while its stock price has increased 10% during this period. Short interest in TETRA Technologies (TTI) has decreased 20% since June 22, 2017, while TTI’s stock price increased 62%. Short interest in Key Energy Services (KEG) has decreased 61% since June 22, 2017, while KEG’s stock price decreased 8%.
So investors decreased their negative bets on HAL, TTI, and KEG in the past year. Typically, fewer investors expect a stock’s price to fall if short interest decreases.