Peering Into Constellation Brands's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Constellation Brands's (NYSE:STZ) short percent of float has fallen 21.49% since its last report, with 1.67 million shares sold short, which is 0.95% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Constellation Brands has less short interest.
September 07, 2023 | 3:45 pm
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Decrease in short interest in Constellation Brands could indicate a more bullish sentiment towards the stock. The company also has less short interest compared to its peers.
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. Given that Constellation Brands's short interest has fallen significantly, it could indicate that market sentiment towards the stock is becoming more positive. Additionally, having less short interest compared to its peers could be seen as a positive sign.
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