Looking Into Air Products & Chemicals's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Air Products & Chemicals's (NYSE:APD) short percent of float has fallen 3.66% since its last report, with 1.76 million shares sold short, which is 0.79% of all regular shares available for trading. This decrease in short interest could signal 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, APD has less short interest as a percentage of float.
October 23, 2023 | 1:30 pm
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The decrease in short interest in Air Products & Chemicals could indicate a more bullish sentiment towards the stock. However, this does not guarantee a rise in the stock price in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest could mean that investors are less bearish about the stock, which could potentially lead to an increase in the stock price. However, other factors also influence stock prices, so a decrease in short interest does not guarantee a price increase.
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