Looking Into NextEra Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
NextEra Energy's (NYSE:NEE) short percent of float has risen 6.1% since its last report, with 17.59 million shares sold short, which is 0.87% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, NextEra Energy has less short interest.
July 21, 2023 | 4:00 pm
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NextEra Energy's short interest has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
An increase in short interest usually indicates a bearish sentiment towards the stock. However, having less short interest compared to its peers might mean that the market is less bearish on NextEra Energy than on its competitors.
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