Looking Into PG&E's Recent Short Interest
Portfolio Pulse from Benzinga Insights
PG&E's (NYSE:PCG) short percent of float has fallen 27.91% since its last report, with 25.63 million shares sold short, which is 1.24% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards PG&E. Compared to its peers, PG&E has less short interest as a percentage of float, with an average of 2.29%.
September 25, 2023 | 6:45 pm
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PG&E's short interest has decreased, potentially indicating a more bullish sentiment towards the stock.
A decrease in short interest often indicates a more bullish sentiment towards a stock. As such, this could potentially lead to an increase in PG&E's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100