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What Are the Short Interest Trends in Whiting Petroleum Stock?

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Dec. 4 2020, Updated 10:52 a.m. ET

Short interest in Whiting Petroleum stock

On June 11, Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) was ~16%. At the same time a year earlier, the short interest ratio for Whiting Petroleum stock was ~4.3%.

Short interest in WLL jumped in November last year after the company announced its one-for-four reverse stock split decision. Since then, short interest in WLL stock has stayed high for the most part.

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WLL’s peer Hess Corporation (HES) had a short interest ratio of 8% on June 11 compared to 9.3% a year earlier. In comparison, Continental Resources (CLR) had a short interest ratio of ~13% on June 11 compared to its short interest ratio of ~24% a year earlier. Meanwhile, short interest in Marathon Oil (MRO) was 1.5% on the day compared to 4.9% a year earlier.

WLL stock has shown a consistent uptrend since the start of this year boosted by strong crude oil prices (DBO) (UCO) and upbeat Q4 2017 and Q1 2018 earnings. Read Part 1 of this series to learn more about WLL’s recent stock performance. On June 11, WLL stock was trading at $53.54 compared to $24.56 a year earlier.

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