Woodside Energy Group Ltd (NYSE:WDS) Short Interest Up 96.4% in December

Woodside Energy Group Ltd (NYSE:WDS) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,255,920 shares, an increase of 96.4% from the December 15th total of 2,166,850 shares. Based on an average daily volume of 1,294,988 shares, the short-interest ratio is currently 3.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,294,988 shares, the short-interest ratio is currently 3.3 days.

Woodside Energy Group Trading Up 1.0%

NYSE:WDS opened at $15.91 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average price is $16.16 and its two-hundred day moving average price is $16.16. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $17.70.

Institutional Trading of Woodside Energy Group

A number of institutional investors and hedge funds have recently modified their holdings of WDS. Jane Street Group LLC raised its stake in Woodside Energy Group by 33.4% during the 2nd quarter. Jane Street Group LLC now owns 511,605 shares of the company’s stock worth $7,894,000 after buying an additional 128,226 shares during the period. ABC Arbitrage SA raised its position in shares of Woodside Energy Group by 6.7% during the third quarter. ABC Arbitrage SA now owns 315,639 shares of the company’s stock worth $4,750,000 after purchasing an additional 19,716 shares during the period. Hourglass Capital LLC lifted its holdings in shares of Woodside Energy Group by 15.1% during the 2nd quarter. Hourglass Capital LLC now owns 310,814 shares of the company’s stock valued at $4,796,000 after purchasing an additional 40,704 shares in the last quarter. Creative Planning grew its position in shares of Woodside Energy Group by 33.3% in the 3rd quarter. Creative Planning now owns 248,636 shares of the company’s stock valued at $3,742,000 after purchasing an additional 62,088 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in Woodside Energy Group during the 2nd quarter worth approximately $2,606,000. 3.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on WDS shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a research note on Monday, December 29th. Wall Street Zen cut shares of Woodside Energy Group from a “hold” rating to a “sell” rating in a research note on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Woodside Energy Group

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.