How Is The Market Feeling About Trane Technologies?
Portfolio Pulse from Benzinga Insights
Trane Technologies's (NYSE:TT) short percent of float has risen 10.39% since its last report, with 1.93 million shares sold short, which is 0.85% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Trane Technologies has less short interest.
September 29, 2023 | 8:00 pm
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Trane Technologies's short percent of float has increased, indicating a potential bearish sentiment among investors.
The increase in short percent of float indicates that more investors are betting against the company, which could put downward pressure on the stock price in the short term. However, it's worth noting that the company's short interest is still lower than its peers.
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