How Is The Market Feeling About Energy Transfer?
Portfolio Pulse from Benzinga Insights
Energy Transfer's (NYSE:ET) short percent of float has risen 4.07% since its last report, with 49.57 million shares sold short, representing 1.79% of all regular shares available for trading. The company's peer group average for short interest as a percentage of float is 3.71%.

May 18, 2023 | 5:01 pm
News sentiment analysis
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Energy Transfer's short percent of float increased by 4.07%, indicating a bearish sentiment among traders. However, its short interest is lower than its peer group average of 3.71%.
The increase in short percent of float for Energy Transfer indicates that traders are becoming more bearish on the stock. However, the company's short interest is still lower than its peer group average, which means it may not be as negatively impacted as other companies in the same industry. The score of -1 reflects the bearish sentiment, while the relevance, importance, and confidence scores are based on the comparison with its peers and the overall market sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100