The short interest data have been released for the March 31 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 March 31 short interest data have been compared with the previous figures, and short interest for the selected stocks is down.
Chevron Corp. (NYSE: CVX) saw its short interest decrease to 23.22 million shares from the previous reading of 26.81 million. Shares closed Monday at $95.24, in a 52-week trading range of $69.58 to $112.20.
Exxon Mobil Corp. (NYSE: XOM) had short interest that fell to 44.04 million shares from the previous level of 46.35 million. Shares closed Monday at $83.32, within a 52-week range of $66.55 to $90.09.
24/7 Wall St.BP PLC (NYSE: BP) short interest increased to 9.93 million shares from its previous reading of 8.00 million. Shares closed Monday at $30.31, in a 52-week range of $27.01 to $43.85.
ConocoPhillips (NYSE: COP) saw the number of its shares short decrease to 19.37 million from the previous level of 26.15 million. Shares closed Monday at $41.19, within a 52-week range of $31.05 to $69.72.
Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, saw its short interest decrease to 115.86 million shares from the previous 128.75 million. Shares closed Monday at $5.89, in a 52-week trading range of $2.71 to $10.55. Unfortunately, Petrobras may be trading on an entirely different set of fundamentals and sentiment due to its woes in Brazil.
Occidental Petroleum Corp. (NYSE: OXY) short interest fell to 8.77 million shares from the previous reading of 9.72 million. Shares closed most recently at $70.79, in a 52-week trading range of $58.24 to $82.06.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.