Looking Into Parker Hannifin's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Parker Hannifin's (NYSE:PH) short percent of float has fallen 3.12% since its last report, with 1.18 million shares sold short, which is 0.93% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Parker Hannifin has less short interest.

September 06, 2023 | 5:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Parker Hannifin's stock.
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, as it indicates fewer investors are betting on the stock's price to fall. In the case of Parker Hannifin, the short percent of float has fallen 3.12%, which could potentially indicate a more bullish sentiment towards the stock.
CONFIDENCE 80
IMPORTANCE 70
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