How Is The Market Feeling About Sempra?
Portfolio Pulse from Benzinga Insights
Sempra (NYSE:SRE) has seen a 14.98% decrease in short interest, with 11.05 million shares sold short, representing 1.76% of available shares. The short interest is below the peer group average of 2.99%. While a decline in short interest can indicate bullish sentiment, it does not necessarily predict a near-term price rise.
December 21, 2023 | 6:15 pm
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Sempra's short interest has decreased, potentially indicating a more bullish sentiment among investors compared to its peers.
A decrease in short interest typically suggests that investors are less bearish on a stock, which could lead to a short-term increase in its price. However, the impact on the stock price is not guaranteed and will depend on broader market conditions and investor sentiment.
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