(EXC) - Analyzing Exelon's Short Interest
Portfolio Pulse from Benzinga Insights
Exelon's (NASDAQ:EXC) short percent of float has fallen 10.48% since its last report, with 9.38 million shares sold short, which is 0.94% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Exelon has less short interest as a percentage of float, with an average of 2.25%.
June 29, 2023 | 7:15 pm
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Exelon's short percent of float has decreased, indicating a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in demand for the stock, and subsequently, an increase in its price.
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