Looking Into Southwestern Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Southwestern Energy's (NYSE:SWN) short interest has decreased by 23.88% since the last report, with 24.90 million shares sold short, representing 2.55% of its float. The current short interest suggests a bullish sentiment compared to its peer group average of 6.44% short interest as a percentage of float. This change in short interest could influence the stock's short-term performance.
March 05, 2024 | 5:30 pm
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Southwestern Energy's short interest has significantly decreased, indicating a more bullish market sentiment towards the stock. This could potentially lead to a short-term increase in its stock price.
A decrease in short interest typically indicates that investors are less bearish on the stock, potentially leading to an increase in its price in the short term. Given that SWN's short interest is significantly below its peer group average, this suggests a stronger bullish sentiment specifically towards SWN, which could positively impact its stock price.
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