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Has Short Interest in HollyFrontier Fallen ahead of Its Earnings?

Has Short Interest in HollyFrontier Fallen ahead of Its Earnings?

Short interest as a percentage of outstanding shares in HollyFrontier (HFC) has fallen 1.7 percentage points since July 2 to its current level of 4.1%. The fall implies that the bearish sentiment in the stock has decreased. However, over the same period, HollyFrontier stock has fallen 3.6%.