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Has Short Interest in Shell Fallen prior to Its 1Q18 Earnings?

Has Short Interest in Shell Fallen prior to Its 1Q18 Earnings?

Short interest in Royal Dutch Shell (RDS.A) expressed as a percentage of its outstanding shares has fallen from 0.20% on February 27, 2018, to its current level of 0.16%. Usually, with all else being equal, a fall in short interest could indicate a fall in the bearish sentiments surrounding a stock. During this period of falling short interest, Shell stock has risen 4.1%.