Peering Into Lockheed Martin's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lockheed Martin's (NYSE:LMT) short percent of float has risen 77.78% since its last report, with 2.39 million shares sold short, which is 1.12% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Lockheed Martin has less short interest as a percentage of float, which is 2.55% on average.
October 13, 2023 | 4:45 pm
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Lockheed Martin's short interest has increased significantly, indicating a bearish sentiment. However, it's less than its peers' average.
The increase in short interest indicates that more investors are betting that Lockheed Martin's stock price will fall. However, the fact that its short interest is less than its peers' average might suggest that the bearish sentiment is not as strong as it could be.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100