How Is The Market Feeling About Sherwin-Williams?
Portfolio Pulse from Benzinga Insights
Sherwin-Williams's (NYSE:SHW) short percent of float has risen 5.47% since its last report, with 3.19 million shares sold short, which is 1.35% 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, Sherwin-Williams has less short interest as a percentage of float, which is 4.06% on average.
October 19, 2023 | 3:01 pm
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Sherwin-Williams's short percent of float has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
The increase in short percent of float indicates that more investors are betting against Sherwin-Williams, which could put downward pressure on the stock price in the short term. However, the fact that it has less short interest compared to its peers could mean that it is less likely to be affected by a short squeeze.
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