Looking Into Williams Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Williams Companies (NYSE:WMB) has seen a 13.88% increase in short interest, now at 2.38% of its float. This is lower than the peer group average of 4.04%. It would take traders 3.74 days to cover their short positions.
May 15, 2024 | 8:00 pm
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Williams Companies (NYSE:WMB) has experienced a 13.88% increase in short interest, now at 2.38% of its float. This is below the peer group average of 4.04%. It would take traders 3.74 days to cover their short positions.
The increase in short interest suggests bearish sentiment among investors. However, the short interest is still below the peer average, which may mitigate some negative impact. The time to cover short positions is relatively short, indicating potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100