(GTLS) - Analyzing Chart Industries's Short Interest
Portfolio Pulse from Benzinga Insights
Chart Industries (NYSE:GTLS) has seen a 5.83% decrease in its short percent of float, now at 18.56% with 5.92 million shares sold short. This indicates a potential shift in market sentiment. The company's short interest is significantly higher than its peers, which average 2.49%.
May 16, 2024 | 7:45 pm
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Chart Industries has experienced a 5.83% decrease in short interest, now at 18.56% of float. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which could be interpreted as a positive signal. Additionally, the high short interest relative to peers could lead to a short squeeze if the stock price rises.
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