(AEP) - Analyzing American Electric Power's Short Interest
Portfolio Pulse from Benzinga Insights
American Electric Power's (NYSE:AEP) short percent of float has fallen 10.78% since its last report, with 4.67 million shares sold short, which is 0.91% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards AEP. Compared to its peers, AEP has less short interest as a percentage of float, with an average of 2.35%.
September 27, 2023 | 2:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards AEP. It also has less short interest compared to its peers.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This, combined with the fact that AEP's short interest is lower than its peers, could potentially have a positive impact on its stock price in the short term.
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