How Is The Market Feeling About Amphenol?
Portfolio Pulse from Benzinga Insights
Amphenol's (NYSE:APH) short percent of float has fallen 4.55% since its last report, indicating a more bullish sentiment towards the stock. The company has 5.47 million shares sold short, which is 1.05% of all regular shares available for trading. Compared to its peers, Amphenol has less short interest, with an average of 3.22% for its peer group.
September 06, 2023 | 2:00 pm
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The decrease in short interest for Amphenol suggests a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest often indicates a more bullish sentiment towards the 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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