How Is The Market Feeling About Quanta Services?
Portfolio Pulse from Benzinga Insights
Quanta Services's (NYSE:PWR) short percent of float has fallen 3.53% since its last report, indicating a decrease in bearish sentiment. The company has 3.84 million shares sold short, which is 3.01% of all regular shares available for trading. Compared to its peers, Quanta Services has less short interest.
September 07, 2023 | 1:15 pm
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Decrease in short interest for Quanta Services indicates less bearish sentiment towards the stock.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish on the stock. As such, the decrease in short interest for Quanta Services could indicate a more positive sentiment towards the stock, potentially leading to an increase in its price.
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