How Is The Market Feeling About Xcel Energy?
Portfolio Pulse from Benzinga Insights
Xcel Energy's (NYSE:XEL) short percent of float has fallen 20.18% since its last report, with 4.79 million shares sold short, which is 0.87% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Xcel Energy. Compared to its peers, Xcel Energy has less short interest as a percentage of float, with an average of 2.26%.
July 17, 2023 | 7:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Xcel Energy. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Xcel Energy's short interest has decreased, which could indicate a more bullish sentiment. Additionally, compared to its peers, Xcel Energy has less short interest, which could further support this bullish sentiment.
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