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Benzinga

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Analyzing Hess's Short Interest

Hess's (NYSE:HES) short percent of float has risen 4.57% since its last report. The company recently reported that it has 5.76 million shares sold short, which is 2.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.0 days to cover their short positions on average.

Why Short Interest Matters

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