(RPM) - Analyzing RPM Intl's Short Interest
Portfolio Pulse from Benzinga Insights
RPM International Inc. (NYSE:RPM) has seen a decrease in short interest, now at 1.07 million shares or 0.94% of float, down 12.96% since the last report. It would take about 1.29 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards RPM. Compared to its peers, RPM has a lower short interest percentage of float (3.60% average among peers).
February 07, 2024 | 1:15 pm
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RPM International Inc. sees a decrease in short interest, indicating potentially more bullish sentiment among investors.
A decrease in short interest often suggests that investors are becoming more optimistic about a stock's future performance. Given RPM's lower short interest compared to its peers, this could be a positive sign for its short-term price movement.
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