Peering Into AMETEK's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AMETEK's (NYSE:AME) short percent of float has fallen 9.78% since its last report, with 1.69 million shares sold short, which is 0.83% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards AMETEK. Compared to its peers, AMETEK has less short interest as a percentage of float, with an average of 11.42%.
August 30, 2023 | 1:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards AMETEK. The company's short interest is lower than its peers' average.
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. AMETEK's short interest has decreased and is lower than its peers' average, which could indicate a more bullish sentiment towards the company.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100