Peering Into EOG Resources's Recent Short Interest
Portfolio Pulse from Benzinga Insights
EOG Resources's short percent of float has risen 11.02% since its last report, with 7.63 million shares sold short, which is 1.31% of all regular shares available for trading. It would take traders 2.86 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.79% for its peer group.

October 26, 2023 | 4:00 pm
News sentiment analysis
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EOG Resources's short interest has increased, indicating a bearish sentiment among traders. However, it has less short interest than its peers, which could be a positive sign.
The increase in short interest indicates that traders are expecting the price of EOG Resources to fall. However, the fact that it has less short interest than its peers could mean that it is less likely to experience a significant price drop compared to other companies in its industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100