(BRBR) - Analyzing BellRing Brands's Short Interest
Portfolio Pulse from Benzinga Insights
BellRing Brands (NYSE:BRBR) has seen a decrease in short interest, now at 2.52 million shares or 2.48% of float, down 4.62% since the last report. It would take 1.54 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards BRBR compared to its peers, where the average short interest is 6.04% of float.
March 01, 2024 | 4:00 pm
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BellRing Brands's short interest has decreased, indicating a potentially more bullish sentiment towards the stock in the short term.
A decrease in short interest often suggests that investors are becoming more optimistic about a stock's future performance. For BRBR, this reduction could reduce selling pressure and possibly lead to a price increase in the short term, especially when compared to its peers which have a higher average short interest.
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