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Peering Into Hess's Recent Short Interest

Hess's (NYSE:HES) short percent of float has risen 35.07% since its last report. The company recently reported that it has 8.00 million shares sold short, which is 2.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.0 days to cover their short positions on average.

Why Short Interest Matters

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