Peering Into Tellurian's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Tellurian Inc. (NYSE:TELL) has seen a 15.7% increase in short interest since its last report, with 148.90 million shares sold short, representing 19.75% of its float. This is significantly higher than its peer group average of 3.15%. The rise in short interest suggests a bearish market sentiment, but it's important to note that high short interest can sometimes be bullish for a stock.
April 18, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Tellurian Inc. has experienced a significant increase in short interest, indicating a bearish market sentiment but also presenting a potential bullish opportunity if the stock price increases.
The increase in short interest for Tellurian Inc. suggests that investors are bearish on the stock. However, high short interest can lead to a short squeeze if the stock price starts to rise, potentially causing rapid price increases. The impact is neutral in the short term as it could go either way depending on market movements and investor reactions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100