Petroleo Brasileiro S.A. (ADR)

NYSE: PBR
$7.32
-$0.13 (-1.7%)
Closing price October 23, 2020
Low crude oil prices are supporting short sellers who increased their positions in the two-week reporting period that ended September 30.
Short sellers continued to see profits by betting against oil companies.
Short sellers mostly shaved their positions in oil and gas stocks in the two-week reporting period that ended August 31. Falling crude prices may change their minds again, though.
Short interest in oil and gas stocks generally fell during the two-week reporting period that ended August 14. There was, however, one significant exception.
Short interest in oil and gas stocks mostly declined in the two-week reporting period ended July 31. There was one glaring exception, however.
Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
Short interest in oil and gas stock mostly declined in the two-week period that ended May 29. Rising crude oil prices get the credit.
Short interest rose on several oil and gas stocks during the two week reporting period that ended May 15.
Monday's top analyst upgrades and downgrades included Apple, Best Buy, Cinemark, Co-Diagnostics, DraftKings, Energizer, Novavax, Nvidia, Palo Alto Networks and Petrobras.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 30. Short sellers took particular aim at one target.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 15. The biggest move was a near-halving on short interest in one supermajor.
Short interest in oil & gas producers mostly decreased in the two-week period ending March 31.
Short interest rose on most oil & gas stocks in the two-week short interest period that ended February 28.