116.9% rise in short interest in Tamboran Resources Corp (TBN) shares in August, with major shareholder Bryan Sheffield acquiring more shares.
Tamboran Resources Corp (TBN) saw a 116.9% rise in short interest in August, totaling 32,100 shares, with about 0.4% of shares sold short. Major shareholder Bryan Sheffield acquired 12,424 additional shares, increasing his ownership to 2,247,404. Hedge funds like Edge Capital Group and HITE Hedge Asset Management established new positions. The stock rose to $19.35, amid mixed ratings from analysts, with a 50-day average of $21.88.
September 15, 2024
3 Articles