Peering Into AMETEK's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AMETEK's (NYSE:AME) short percent of float has fallen 8.43% since its last report, with 1.55 million shares sold short, which is 0.76% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, AMETEK has less short interest as a percentage of float, with an average of 11.72%.
September 19, 2023 | 8:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards AMETEK'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. Therefore, the decrease in short interest for AMETEK could potentially lead to an increase in its stock price in the short term.
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