How Is The Market Feeling About Energy Transfer?
Portfolio Pulse from Benzinga Insights
Energy Transfer's (NYSE:ET) short percent of float has fallen 9.41% since its last report, indicating a more bullish sentiment towards the stock. The company has 51.51 million shares sold short, which is 1.83% of all regular shares available for trading. Compared to its peers, Energy Transfer has less short interest.
September 07, 2023 | 3:45 pm
News sentiment analysis
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POSITIVE IMPACT
Decrease in short interest in Energy Transfer indicates a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock price.
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, potentially leading to an increase in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100