How Is The Market Feeling About NextEra Energy?
Portfolio Pulse from Benzinga Insights
NextEra Energy's (NYSE:NEE) short percent of float has risen 24.14% since its last report, with 21.93 million shares sold short, which is 1.08% 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, NextEra Energy has less short interest as a percentage of float, which is 2.11% on average.
August 25, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
NextEra Energy's short percent of float has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
The increase in short percent of float indicates that more investors are betting against NextEra Energy, which could put downward pressure on the stock price in the short term. However, the fact that it has less short interest compared to its peers could mitigate this effect to some extent.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100