Chesapeake Energy has risen more than 20% since the end of January and hit an all-time high.
CHK shares have been driven mostly by the rally in natural gas prices and strength in the energy sector. Short interest has been increasing, as some investors are betting on a pullback, yet the CEO has been taking the other side of the trade buying more shares.
Natural gas is on an upward trend and may find a higher sustained price range.
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