Looking Into Pioneer Natural Resources's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Pioneer Natural Resources's (NYSE:PXD) short percent of float has fallen 13.5% since its last report, with 3.27 million shares sold short, which is 1.41% of all regular shares available for trading. It would take traders 2.46 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.47%.
September 21, 2023 | 4:30 pm
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Pioneer Natural Resources's short percent of float has decreased, indicating a potentially bullish sentiment.
A decrease in short interest can signal that investors have become more bullish on the stock. As the short percent of float for Pioneer Natural Resources has fallen, this could indicate a more positive sentiment towards the company's stock in the short term.
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