(ROK) - Analyzing Rockwell Automation's Short Interest
Portfolio Pulse from Benzinga Insights
Rockwell Automation's (NYSE:ROK) short percent of float has fallen 11.08% since its last report, with 3.17 million shares sold short, which is 3.13% 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, Rockwell Automation has less short interest.
September 25, 2023 | 6:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Rockwell Automation'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.
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