How Is The Market Feeling About Waste Management?
Portfolio Pulse from Benzinga Insights
Waste Management's (NYSE:WM) short interest has decreased by 18.42%, now representing 0.93% of its float. This decline suggests a more bullish sentiment among investors compared to its peers, where the average short interest is 2.92%. The article highlights the importance of tracking short interest as an indicator of market sentiment.
February 15, 2024 | 3:00 pm
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Waste Management's short interest has significantly decreased, indicating a more bullish sentiment among investors.
The decrease in short interest for Waste Management suggests that investors are becoming more optimistic about the company's stock. This could lead to a short-term increase in its stock price as the market sentiment shifts positively. The comparison with its peers, where WM has significantly less short interest, further strengthens the bullish outlook.
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