How Is The Market Feeling About First Solar?
Portfolio Pulse from Benzinga Insights
First Solar (NYSE:FSLR) has seen a 6.38% increase in its short percent of float since the last report, with 4.20 million shares sold short, representing 5.17% of all shares available for trading. This increase in short interest indicates a more bearish market sentiment towards FSLR, although it doesn't necessarily predict a near-term price fall. Compared to its peers, FSLR has a higher short interest percentage of float, suggesting more bearish sentiment among investors towards it than its peers.
March 13, 2024 | 6:30 pm
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First Solar has experienced a significant increase in short interest, indicating a bearish sentiment among investors. This could lead to increased volatility in the short term.
The increase in short interest for First Solar suggests that investors are becoming more bearish on the stock. This bearish sentiment, if it continues, could lead to downward pressure on the stock price in the short term. However, the actual impact on the stock price will depend on broader market conditions and company performance.
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