Peering Into Eversource Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Eversource Energy's (NYSE:ES) short interest has decreased by 11.82% since the last report, with 5.21 million shares sold short, representing 1.94% of its float. The current short interest suggests a bullish sentiment compared to its peers, where the average short interest as a percentage of float is 2.68%.
April 03, 2024 | 2:30 pm
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Eversource Energy's short interest has decreased, indicating a potential bullish sentiment among investors.
A decrease in short interest typically indicates that investors are becoming more bullish on a stock. For Eversource Energy, the reduction in short interest compared to its peers suggests a stronger bullish sentiment, potentially leading to a short-term price increase.
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