Short interest in Petroleo Brasileiro SA Petrobras (NYSE:PBR) decreased during the last reporting period, falling from 50.23M to 45.76M. This put -% of the company's publicly available shares short.

Based on the recent average volume of 17.95M shares traded per day, it would take 2.55 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.