(NEE) - Analyzing NextEra Energy's Short Interest
Portfolio Pulse from Benzinga Insights
NextEra Energy's (NYSE:NEE) short percent of float has fallen 24.79% since its last report, with 18.34 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 the stock. Compared to its peers, NextEra Energy has less short interest.
September 28, 2023 | 6:00 pm
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NextEra Energy's short interest has decreased, which could indicate a more bullish sentiment towards the stock. The company 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 NextEra Energy has less short interest compared to its peers, could potentially lead to a positive impact on the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100