How Is The Market Feeling About TransDigm Gr?
Portfolio Pulse from Benzinga Insights
TransDigm Gr's (NYSE:TDG) short percent of float has fallen 10.44% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.06 million shares sold short, which is 2.66% of all regular shares available for trading. This is less than the average short interest of its peer group, which stands at 3.15%.
August 04, 2023 | 9:34 am
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The decrease in short interest for TransDigm Gr indicates a more bullish sentiment towards the stock, which could potentially lead to an increase in its 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 potentially lead to an increase in the stock's price. TransDigm Gr's short interest has decreased by 10.44%, indicating a more bullish sentiment towards the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100