How Is The Market Feeling About American Electric Power?
Portfolio Pulse from Benzinga Insights
American Electric Power's (NYSE:AEP) short percent of float has fallen 10.78% since its last report, indicating a more bullish sentiment towards the stock. The company has 4.67 million shares sold short, which is 0.91% of all regular shares available for trading. Compared to its peers, AEP has less short interest, with the peer group average at 2.21%.
October 13, 2023 | 7:45 pm
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Decrease in short interest indicates a more bullish sentiment towards AEP. This could potentially lead to an increase in stock price in the short term.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, potentially leading to an increase in stock price.
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