(CHRD) - Analyzing Chord Energy's Short Interest
Portfolio Pulse from Benzinga Insights
Chord Energy's short interest has decreased by 6.86%, with 2.46 million shares sold short, representing 4.75% of its float. This is lower than the peer average of 6.52%, indicating a relatively bullish sentiment. It would take 3.33 days to cover the short positions.
November 01, 2024 | 2:45 pm
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Chord Energy's short interest has decreased, indicating a more bullish sentiment compared to its peers. The short interest is now at 4.75% of float, below the peer average of 6.52%.
The decrease in short interest suggests that investors are less bearish on Chord Energy compared to its peers, which could lead to a positive impact on the stock price. The short interest is below the peer average, indicating a relatively bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100