Looking Into Cheniere Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Cheniere Energy's (NYSE:LNG) short percent of float has risen 12.03% since its last report, with 3.57 million shares sold short, which is 1.49% of all regular shares available for trading. It would take traders 2.85 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Cheniere Energy's peer group average for short interest as a percentage of float is 3.66%, which means the company has less short interest than most of its peers.
September 19, 2023 | 8:30 pm
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Cheniere Energy's short percent of float has risen, indicating a bearish sentiment among investors. However, it has less short interest than most of its peers.
The increase in short interest indicates that investors are expecting the price of Cheniere Energy's stock to fall. However, the fact that it has less short interest than most of its peers could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
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