Looking Into Republic Servs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Republic Servs's (NYSE:RSG) short percent of float has fallen 5.21% since its last report, with 1.87 million shares sold short, which is 0.91% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Republic Servs has less short interest.
August 04, 2023 | 9:41 am
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The decrease in short interest in Republic Servs could indicate a more bullish sentiment towards the stock, potentially impacting its price positively in the short term.
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, which could drive up the stock price. Republic Servs's short interest has decreased, indicating a potentially more bullish sentiment towards the stock.
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