Investors: Two More Bakken Companies With Increasing Short Interest

With the recent "bear raid" on NOG -- providing an entry point for new investors, or a re-entry point for long-term holders and recent sellers -- a story over on SeekingAlpha.com might be of interest to Bakken investors.

At this link, two of the twenty companies are Bakken names: Whiting (WLL) and Williams (WMB). The article lists twenty companies in which there is increasing "short interest."

If I did the calculations correctly, 2.5 percent of outstanding shares are shorted in WMB while almost 5 percent of WLL shares are shorted.

I haven't heard much from WMB regarding its Bakken play after acquiring almost 7 percent of oil acreage in the reservation. A unit of WLL (WHX) took a hit a few months ago after a report was widely circulated regarding the trust. The report noted that the trust would eventually come to an end. Well, duh.