PBR
PBR Articles
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
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AT&T continued to reign as the most shorted stock trading on the New York Stock Exchange between the May 15 and May 29 settlement dates.
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Despite all the corruption down in Brazil that Petrobras has spent time in the barrel about, the investing public just loaned Petrobras' global finance unit some $2.5 billion in a whopping 100-year...
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As a whole, it appears that as oil prices continue to rise, investors are becoming more optimistic and short sellers are backing off.
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Despite falling short interest among most of them, the five most shorted stocks trading on the New York Stock Exchange remained the same between the April 30 and May 15 settlement dates.
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The strong reaction to Petrobras earnings has been tempered by a nearly equally strong reaction to Monday's announcement that the company will issue another $1 billion in debt.
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Petrobras reported better-than-expected first-quarter 2015 earnings after markets closed on Friday afternoon.
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After markets close Friday, Brazilian oil giant Petrobras is scheduled to release first-quarter financial results.
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As a whole, it appears that as oil prices continue to rise that investors are becoming more optimistic and short sellers are backing off.
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The five most shorted stocks trading on the New York Stock Exchange remained the same between the April 15 and April 30 settlement dates.
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24/7 Wall St. has put together a preview of some of the larger companies across multiple sectors reporting their quarterly results in the middle of May.
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It just so happens that some of the latest short interest readings for major oil companies are continuing to push new highs.
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Rising short interest in Petrobras kept its shares firmly in ranks of the most shorted stocks trading on the New York Stock Exchange between the March 31 and April 15 settlement dates.
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Petrobras has released its audited financial results for the fourth quarter of 2014. That should read "finally released" in the reporting.
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Some of the latest short interest readings for major oil companies are continuing to push new highs for the most recent settlement date.
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