(PXD) - Analyzing Pioneer Natural Resources's Short Interest
Portfolio Pulse from Benzinga Insights
Pioneer Natural Resources's (NYSE:PXD) short percent of float has fallen 8.07% since its last report, with 3.43 million shares sold short, which is 1.48% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Pioneer Natural Resources has less short interest.
July 20, 2023 | 7:30 pm
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Pioneer Natural Resources's short interest has decreased, potentially indicating a more bullish sentiment towards the stock. The company also has less short interest compared to its peers.
Short interest is an indicator of market sentiment towards a stock. A decrease in short interest can signal a more bullish sentiment, which could potentially lead to an increase in the stock's price. Additionally, having less short interest compared to its peers could make Pioneer Natural Resources more attractive to investors.
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