Looking Into Amphenol's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Amphenol's (NYSE:APH) short interest has increased by 5.84% since the last report, with 7.60 million shares sold short, representing 1.45% of its float. It would take about 2.37 days to cover all short positions. This rise in short interest could indicate a more bearish market sentiment towards APH, although it has less short interest compared to its peers' average of 4.25%.
April 26, 2024 | 2:15 pm
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Amphenol's short interest has increased, indicating a potentially bearish market sentiment but still below peer average.
The increase in short interest suggests that investors might be expecting the price of APH to fall, which could lead to negative pressure on the stock price in the short term. However, being below the peer average might mitigate some negative perceptions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90