Short Interest in PBF Energy Drops 15.7%

Shares of the oil refiner have seen a significant decline in short positions over the past month.

Apr. 18, 2026 at 6:56pm

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An extreme close-up of industrial oil refinery equipment and machinery, conveying the physical, capital-intensive nature of PBF Energy's business without using any text or identifiable elements.The decline in short interest for PBF Energy suggests growing investor confidence in the company's refining operations and future prospects.Parsippany Today

PBF Energy Inc. (NYSE:PBF) saw a 15.7% decrease in short interest in March, with short positions dropping from 15.3 million shares to 12.9 million shares. This represents about 11.7% of the company's total outstanding stock, with the current short interest ratio at 3.0 days to cover.

Why it matters

The decline in short interest could signal increased investor confidence in PBF Energy's outlook, as short sellers close out their bearish positions. This may indicate improving market sentiment around the company's performance and future prospects.

The details

PBF Energy operates five refineries across the U.S. with a combined crude oil processing capacity of 900,000 barrels per day. The company has seen its stock price fluctuate in recent months, trading between $14.54 and $52.18 over the past 52 weeks.

  • As of March 31st, 2026, short interest in PBF Energy totaled 12,894,237 shares.
  • This represents a 15.7% decrease from the 15,290,981 shares of short interest reported on March 15th, 2026.

The players

PBF Energy Inc.

An independent petroleum refiner headquartered in Parsippany, New Jersey, operating five refineries across the U.S. with a combined crude oil processing capacity of 900,000 barrels per day.

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The takeaway

The decline in short interest for PBF Energy could signal growing investor confidence in the company's outlook, as short sellers close out their bearish positions. This may suggest the market sees improving fundamentals and future prospects for the independent refiner.