Peering Into PVH's Recent Short Interest
Portfolio Pulse from Benzinga Insights
PVH Corp. (NYSE:PVH) has seen a 43.15% increase in its short percent of float, now at 4.91% of all regular shares available for trading. This rise in short interest suggests a more bearish sentiment among investors. However, PVH's short interest is still below the peer group average of 8.98%.
May 20, 2024 | 7:15 pm
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PVH Corp. has experienced a significant 43.15% increase in short interest, now at 4.91% of its float. This indicates a more bearish sentiment among investors, although its short interest remains below the peer group average of 8.98%.
The significant increase in short interest suggests that investors are becoming more bearish on PVH. However, the short interest is still below the peer group average, which may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100