NYSE:OKEOil and Gas
ONEOK (OKE) Valuation Check as Rising Short Interest Signals Growing Market Caution
ONEOK (OKE) just saw its short interest jump roughly 15%, with about 3% of its float now sold short. This is a clear sign that some traders are leaning more cautiously on the stock.
See our latest analysis for ONEOK.
That shift in sentiment comes after a choppy stretch, with the latest share price at $72.82 and a year to date share price return firmly negative, even as the five year total shareholder return of 153.73% shows the longer term story is still intact.
If this kind of shifting...