Looking Into Curtiss-Wright's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Curtiss-Wright's (NYSE:CW) short interest has increased by 3.45% since the last report, with 303 thousand shares sold short, representing 0.9% of its float. It would take about 2.29 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but it's also noted that higher short interest can sometimes be bullish. Compared to its peers, Curtiss-Wright has a lower short interest percentage of float (3.01%).
February 20, 2024 | 2:45 pm
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NEUTRAL IMPACT
Curtiss-Wright's short interest has increased, indicating a bearish sentiment but also potential bullish outcomes. Its short interest is lower than its peers, suggesting relative strength.
The increase in short interest suggests a bearish sentiment towards CW, but the article also notes that higher short interest can sometimes be bullish, indicating a complex market perception. CW's lower short interest compared to peers suggests it may be in a relatively stronger position, but the overall impact is uncertain due to the dual nature of short interest implications.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100