Peering Into Enterprise Prods Partners's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Enterprise Prods Partners's (NYSE:EPD) short percent of float has fallen 7.08% since its last report, with 15.32 million shares sold short, which is 1.05% of all regular shares available for trading. It would take traders 5.16 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.68%.
September 19, 2023 | 4:30 pm
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Enterprise Prods Partners's short percent of float has fallen 7.08% since its last report. This could indicate a more bullish sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish on a stock. As the short interest in Enterprise Prods Partners has fallen, this could indicate a more bullish sentiment towards the stock, potentially leading to an increase in its price in the short term.
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