Looking Into Halliburton's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Halliburton's (NYSE:HAL) short percent of float has risen 14.58% since its last report, with 26.38 million shares sold short, representing 3.3% of all regular shares available for trading. The company's peer group average for short interest as a percentage of float is 5.12%, indicating less short interest than most of its peers.
May 22, 2023 | 2:32 pm
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Halliburton's short interest has increased 14.58% since its last report, with 26.38 million shares sold short. The company has less short interest than most of its peers.
The increase in short interest indicates that some investors are bearish on Halliburton, but the company still has less short interest than most of its peers. This mixed signal makes it difficult to predict the short-term price direction based on the news alone.
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