(SWN) - Analyzing Southwestern Energy's Short Interest
Portfolio Pulse from Benzinga Insights
Southwestern Energy's (NYSE:SWN) short percent of float has risen 9.17% since its last report, with 59.32 million shares sold short, which is 6.07% of all regular shares available for trading. It would take traders 2.82 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Southwestern Energy's peer group average for short interest as a percentage of float is 6.25%, which means the company has less short interest than most of its peers.
August 29, 2023 | 6:30 pm
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Southwestern Energy's short interest has increased, indicating a bearish sentiment among investors. However, it has less short interest than most of its peers.
The increase in short interest indicates that more investors are betting that the price of Southwestern Energy's stock will fall. However, the fact that it has less short interest than most of its peers could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100