How Is The Market Feeling About Exelon?
Portfolio Pulse from Benzinga Insights
Exelon's (NYSE:EXC) short percent of float has fallen 21.15% since its last report, indicating a more bullish sentiment towards the stock. The company has 12.21 million shares sold short, which is 1.23% of all regular shares available for trading. Compared to its peers, Exelon has less short interest as a percentage of float, with the average being 2.23%.
September 11, 2023 | 2:45 pm
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Exelon's decreased short percent of float suggests a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it suggests that fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in demand for the stock, and subsequently, an increase in its price.
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