Looking Into Lockheed Martin's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lockheed Martin (NYSE:LMT) has seen an 11.11% increase in short interest since the last report, with 2.09 million shares sold short, representing 1.0% of available shares. The short interest is below the peer group average of 3.23%. While higher short interest can indicate bearish sentiment, it does not necessarily predict a price drop and can sometimes be bullish.
November 13, 2023 | 8:45 pm
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Lockheed Martin's short interest has increased, but remains below the peer group average. This could indicate bearish sentiment but isn't a definitive predictor of stock performance.
The increase in short interest suggests that some investors are bearish on LMT. However, since the short interest is lower than the peer average and the article suggests that an increase in short interest can sometimes be bullish, the impact on the stock price is uncertain.
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