Looking Into Sempra Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Sempra Energy's (NYSE:SRE) short percent of float has risen 12.99% since its last report, with 2.72 million shares sold short, which is 0.87% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Sempra Energy has less short interest as a percentage of float (1.99%).
August 18, 2023 | 8:30 pm
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Sempra Energy's short interest has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
An increase in short interest can indicate a bearish sentiment among investors, which could potentially lead to a decrease in the stock's price. However, the fact that Sempra Energy has less short interest compared to its peers could mitigate this effect.
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