How Is The Market Feeling About Republic Servs?
Portfolio Pulse from Benzinga Insights
Republic Servs's (NYSE:RSG) short percent of float has fallen 17.95% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.99 million shares sold short, which is 0.96% of all regular shares available for trading. Compared to its peers, Republic Servs has less short interest.
July 14, 2023 | 3:30 pm
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The decrease in short interest for Republic Servs indicates a more bullish sentiment towards the stock, which could potentially lead to a rise in its price.
Short interest is an indicator of market sentiment towards a stock. A decrease in short interest, as seen with Republic Servs, suggests that investors are becoming more bullish on the stock. This could potentially lead to an increase in the stock's price in the short term.
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