How Is The Market Feeling About Ecolab?
Portfolio Pulse from Benzinga Insights
Ecolab's (NYSE:ECL) short percent of float has fallen 7.87% since its last report, with 2.04 million shares sold short, which is 0.82% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Ecolab's short interest as a percentage of float is less than its peer group average of 4.04%.
November 03, 2023 | 7:00 pm
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Ecolab's decrease in short interest could indicate a more bullish sentiment towards the stock, potentially impacting its stock price positively in the short term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock, which could lead to an increase in its price. Ecolab's short interest has decreased, which could indicate a more bullish sentiment towards the stock and potentially impact its stock price positively in the short term.
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