How Is The Market Feeling About Quanta Services?
Portfolio Pulse from Benzinga Insights
Quanta Services's (NYSE:PWR) short percent of float has fallen 3.32% since its last report, with 3.72 million shares sold short, which is 2.91% 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, Quanta Services has less short interest.
September 28, 2023 | 1:15 pm
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Quanta Services's short percent of float has decreased, indicating a more bullish sentiment towards the stock. The company also has less short interest compared to its peers.
A decrease in short interest can signal a more bullish sentiment towards a stock. As Quanta Services's short percent of float has fallen, this could indicate that investors are less bearish on the stock. Additionally, having less short interest compared to its peers could be a positive sign for the company.
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