How Is The Market Feeling About Ascent Solar Technologies?
Portfolio Pulse from Benzinga Insights
Ascent Solar Technologies (NYSE:ASTI) has seen a 46.19% decrease in its short percent of float since its last report, with 731 thousand shares currently sold short. This represents 1.2% of all regular shares available for trading. The short interest in Ascent Solar Technologies is lower than its peer group average of 2.42%.
August 29, 2023 | 6:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Ascent Solar Technologies, potentially impacting its stock price positively in the short term.
Short interest is a measure of market sentiment. A decrease in short interest often indicates a more bullish sentiment towards a stock, as fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term.
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