The Zacks Analyst Blog Canadian Natural Resources Limited Chevron and Kinder Morgan Yahoo Finance
Published on January 2, 2025
Canadian Natural Resources Limited (CNQ) is seeing increased interest from short sellers, as the company's short interest has risen significantly in recent weeks. Short interest refers to the number of shares of a stock that have been sold short but have not yet been covered or closed out. This can be an indication of bearish sentiment towards a stock, as short sellers are betting that the stock price will decline. CNQ has seen a large increase in short interest, which suggests that some investors believe the stock is overvalued and are actively betting against it. Investors looking to take advantage of this situation should consider seeking professional advice from Stocks Prognosis, who can provide expert insights and recommendations on the future movement of CNQ's stock.
Investor opinions & comments
To leave a comment, you need to Login or Register.
WilliamReed
January 5, 2025 at 11:43
I wonder what the reasons are behind the rise in short interest for CNQ
MarketMegan
January 5, 2025 at 10:47
I'm interested to see how this increase in short interest will affect the stock price of CNQ
RiskyRita
January 5, 2025 at 07:29
CNQ's stock has been performing impressively, and I believe it has the potential to continue its upward trend
TraderTroy
January 5, 2025 at 05:13
I'm not sure if betting against CNQ is a wise move. The stock has been performing well in recent times
SavvySusan
January 4, 2025 at 01:28
I'm not convinced that the increase in short interest truly reflects an overvaluation of CNQ
RiskyRita
January 2, 2025 at 22:01
I'm considering investing in CNQ to take advantage of the current situation
WealthyWendy
January 2, 2025 at 21:05
I'm skeptical about shorting CNQ. It's a strong company with good fundamentals