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Benzinga

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Analyzing Hess's Short Interest

Hess's (NYSE:HES) short percent of float has risen 29.88% since its last report. The company recently reported that it has 8.70 million shares sold short, which is 3.26% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.6 days to cover their short positions on average.

Why Short Interest Matters

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