(EXC) - Analyzing Exelon's Short Interest
Portfolio Pulse from Benzinga Insights
Exelon Corporation (NYSE:EXC) has seen a 13.04% decrease in short interest since its last report, with 9.92 million shares sold short, representing 1.0% of its float. The average time to cover these short positions is 1.0 days. A decrease in short interest can indicate a more bullish sentiment among investors. Exelon's short interest is below its peer group average of 2.44%.
January 10, 2024 | 7:45 pm
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Exelon's decrease in short interest suggests a more bullish sentiment from investors, potentially leading to a positive short-term impact on the stock price.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to an increase in its price as the market sentiment improves. Since Exelon's short interest is lower than its peers, this may be viewed positively by the market, potentially leading to a short-term increase in its stock price.
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