YPF Stock Plunges 6.25% to 2024 Low Amid Short Interest Drop

YPF Sociedad Anonima's stock price plummeted 6.25% intraday, marking its lowest level since November 2024. The company has experienced a significant decline over the past four days, with a cumulative drop of 23.49%.

One of the key factors influencing YPF's stock price is the recent decrease in short interest by 13.22%. This reduction suggests a shift in investor sentiment, potentially indicating a more optimistic outlook for the company's future performance.

Additionally, YPF has made strategic moves to expand its business. The company recently signed a memorandum of understanding with three Indian companies for LNG export. This agreement is expected to enhance YPF's market presence and revenue streams, potentially stabilizing its stock price in the long term.