Looking Into Sherwin-Williams's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Sherwin-Williams's (NYSE:SHW) short percent of float has fallen 4.96% since its last report, with 2.74 million shares sold short, which is 1.15% of all regular shares available for trading. It would take traders 1.85 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.81%.
July 13, 2023 | 1:15 pm
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The decrease in short interest for Sherwin-Williams could indicate a more bullish sentiment among traders, potentially leading to a positive impact on the stock's price in the short term.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could lead to an increase in the stock's price. Sherwin-Williams's short interest has decreased, indicating a potential bullish sentiment among traders.
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