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Peering Into Devon Energy Corporation's Recent Short Interest

Devon Energy Corporation NYSE

Devon Energy Corporation's (NYSE:DVN) short percent of float has fallen 7.09% since last its last report. The company recently reported that it has 16.76 million shares sold short, which is 2.62% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.5 days to cover their short positions on average.

Why Short Interest Matters

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