Short interest in Petroleo Brasileiro SA Petrobras (NYSE:PBR) decreased during the last reporting period, falling from 30.32M to 27.10M. This put 1.53% of the company's publicly available shares short.

Short interest for Petrobras Brasileiro gives investors a sense of the degree to which investors are betting on the decline of Petrobras Brasileiro's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 12.91M shares traded per day, it would take 2.1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.