US EditionCanadian Natural Resources Limited (NYSE:CNQ) Sees Large Increase in Short Interest
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Outlook for Canadian Natural Resources Stock in 2025
Canadian Natural Resources (TSX:CNQ) is up 14% since early March. Investors who missed the bounce are wondering if CNQ stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on dividends and total returns. Canadian Natural Resources stock price CNRL trades near $44 at the time of writing. The stock recently picked up a new tailwind after an extended slid…
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themarketsdaily.comCanadian Natural Resources Limited (NYSE:CNQ) Sees Large Increase in Short Interest
Canadian Natural Resources Limited (NYSE:CNQ – Get Free Report) (TSE:CNQ) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 128,590,000 shares, a growth of 213.4% from the February 28th total of 41,030,000 shares. Approximately 6.3% of the shares of the company are short sold. Based on an average daily trading volume, of 6,860,000 shares, the days-to-cover ratio is presently 18.7 da…
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