Hess Corporation Reports Increased Short Interest

Hess Corporation’s (NYSE:HES) short interest has increased by 24.6% in May, according to data from www.americanbankingnews.com .

Stock Price Movement

The company’s stock price has fluctuated within a 52-week range of $123.79 to a high of $161.69, with its most recent close at $138.6.

Technical Analysis

• The price-to-earnings ratio is 19.9, indicating a moderate valuation of the company’s assets.
• The price-to-book ratio is 3.86, also suggesting a moderate valuation of the company’s assets.
• The stock price has maintained a stable trend within its established range, indicating a balanced market sentiment.