Short interest in Imperial Oil Ltd (AMEX:IMO) increased during the last reporting period, rising from 16.46M to 17.68M. This put 10.86% of the company's publicly available shares short.
Short interest for Imperial Oil gives investors a sense of the degree to which investors are betting on the decline of Imperial Oil's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 281.80K shares traded per day, it would take 62.74 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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