12.2% rise in ChampionX Co. short interest, 3.8% stock short sold in September.

ChampionX Co. (NASDAQ:CHX) reported a 12.2% rise in short interest to 7.16 million shares in September, indicating 3.8% of its stock is short sold. The company has a market cap of $5.77 billion and reported Q2 earnings of $0.37 per share, missing estimates by $0.11. Analysts have mixed views, with a consensus rating of "Moderate Buy" and a target price averaging $39.00. ChampionX specializes in solutions for the oil and gas industry.

September 30, 2024
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