Positive Sign: Short Selling of Rex Energy’s Stock Decreases 19%

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positive signWe continue to bring you news about what may seem to be esoteric and perhaps not relevant for most MDN readers--but we think it is important. Yesterday we told you about an increase in "short selling" of Gastar Exploration's stock (see Negative Sign: Short Selling of Gastar’s Stock Increases 12%). Previously we told you about a decrease in short selling for Magnum Hunter Resources' stock (see Positive Sign: Short Selling of Magnum Hunter’s Stock Decreases). For a background on short selling--what it is and why it's important--see our quick tutorial (“Short Selling” – An Important Signal for Marcellus-Related Companies). In essence, when investors "short sell" a stock they're betting the price of the stock is heading down, which is not a sign of a healthy company. Today's news: short selling of Rex Energy's stock decreased by 19% for the last two weeks of September. That's a positive sign that investors are beginning to believe Rex's stock (i.e. the health of the company) will improve...

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