How Is The Market Feeling About Constellation Energy?
Portfolio Pulse from Benzinga Insights
Constellation Energy's (NASDAQ:CEG) short percent of float has risen 9.2% since its last report, with 7.80 million shares sold short, which is 2.73% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. Compared to its peers, Constellation Energy has more short interest.
June 29, 2023 | 2:15 pm
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Constellation Energy's short interest has increased, indicating a bearish market sentiment. This could potentially lead to downward pressure on the stock in the short term.
An increase in short interest often indicates that investors are expecting the price of the stock to decrease. This bearish sentiment could potentially lead to downward pressure on the stock in the short term. However, it's important to note that short interest is just one of many factors that can influence a stock's price.
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