Short interest in Phillips 66 (NYSE:PSX) increased during the last reporting period, rising from 6.06M to 7.16M. This put 1.74% of the company's publicly available shares short.

Short interest for Phillips 66 gives investors a sense of the degree to which investors are betting on the decline of Phillips 66's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 2.36M shares traded per day, it would take 3.04 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.