Energy

Short Sellers Can't Make Up Their Minds on Major Oil

Chris Lange

Published: April 27, 2016 8:40 am

Last Updated: January 13, 2020 10:14 am

The short interest data have been released for the April 15 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now more important than ever to follow.

The April 15 short interest data have been compared with the previous figures, and short interest for the selected stocks is mixed.

Chevron Corp. (NYSE: CVX) saw its short interest increase to 23.93 million shares from the previous reading of 23.22 million. Shares closed Tuesday at $102.29, in a 52-week trading range of $69.58 to $112.20.

Exxon Mobil Corp. (NYSE: XOM) had short interest that fell to 41.62 million shares from the previous level of 44.04 million. Shares closed Tuesday at $87.63, within a 52-week range of $66.55 to $90.09.

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