(LMT) - Analyzing Lockheed Martin's Short Interest
Portfolio Pulse from Benzinga Insights
Lockheed Martin's (NYSE:LMT) short percent of float has risen 4.23% since its last report, with 1.58 million shares sold short, which is 0.74% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Lockheed Martin's short interest is less than its peer group average of 2.96%.
September 07, 2023 | 8:45 pm
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The increase in short interest could indicate a bearish sentiment towards Lockheed Martin. However, its short interest is less than its peer group average, which could be a positive sign.
An increase in short interest can indicate a bearish sentiment towards a stock. However, Lockheed Martin's short interest is less than its peer group average, which could mean that the market sentiment towards it is not as bearish as it is towards its peers. This could potentially limit any negative impact on its stock price in the short term.
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