Peering Into American Electric Power's Recent Short Interest
Portfolio Pulse from Benzinga Insights
American Electric Power's (NYSE:AEP) short percent of float has risen 31.03% since its last report, with 9.78 million shares sold short, which is 1.9% 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, AEP has less short interest as a percentage of float, which is 2.20% on average.
September 07, 2023 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The increase in short interest in AEP indicates a bearish sentiment among investors. However, compared to its peers, AEP's short interest is lower, which could be a positive sign.
Short interest is a measure of market sentiment. The increase in short interest in AEP suggests that investors are expecting the stock price to fall. However, the fact that AEP's short interest is lower than its peers' average could indicate that the bearish sentiment is not as strong for AEP as it is for other companies in the same sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100