(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 indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, NextEra Energy has less short interest.
October 16, 2023 | 8:00 pm
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NextEra Energy's short interest has decreased, which could indicate a more bullish sentiment towards the stock. However, this does not guarantee a rise in the stock price.
A decrease in short interest usually indicates a more bullish sentiment towards a stock, as fewer traders are betting on the stock's price to fall. However, this is not a definitive indicator of a stock's future performance, and other factors should also be considered.
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