Looking Into Applied Mat's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Applied Mat's (NYSE:AMAT) short percent of float has fallen 6.5% since its last report, with 19.27 million shares sold short, which is 2.3% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Applied Mat has less short interest as a percentage of float.
September 08, 2023 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Applied Mat's 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, which could potentially lead to an increase in the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100