Weatherford International

WFRD

Weatherford International plc, an American–Irish public limited company, together with its subsidiaries, is a multinational oilfield service company and one of the largest companies in the world in oil services. Weatherford is a company providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. Many of the company's businesses, including those of predecessor companies, have been operating for more than 50 years. Weatherford conducts operations in 75 countries and maintains service and sales locations in virtually all the major oil and natural gas producing regions globally.

Weatherford International has been a target of short sellers for a while. The current short interest of 5.65% is roughly at the average of the last 12 months (5.63%).