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’BP short interest, other facts and stuff (updated)
Readers have been asking for short interest data on BP and here, via Data Explorers, it is:
As you can see from the graph, stripping out the spike related to the last (?) dividend payment, the underlying level of stock outstanding on loan (SOOL) has barely budged since the spill
So,
Things looking ugly for the UNG
Last week, prominent oil-industry financier Matt Simmons, CEO of Simmons & Company International, weighed in on the UNG/commodity exchange-traded-fund (ETF) debate by posting the following missive to a handful of recipients:
On the issue of oil demand, not supply problems
So BP, one of the world’s most prominent oil majors, is not worried about global oil supplies. In fact, CEO Tony Hayward summed up his view on future supply constraints in the group’s latest annual statistical review released on Wednesday as follows (our emphasis):