U.S. Markets closed

Short Interest in Marathon Petroleum ahead of 1Q18 Earnings

Michelle Rey
Short Interest in Marathon Petroleum ahead of 1Q18 Earnings

Marathon Petroleum (MPC) has seen a rise in its short interest as a percentage of outstanding shares, from 1.5% in mid-February to the current level of 2.0%. This rise implies that bearish sentiment in the stock has increased. Over the same period, Marathon Petroleum stock has risen 16.0%.