How Is The Market Feeling About SM Energy?
Portfolio Pulse from Benzinga Insights
SM Energy's short percent of float has risen by 4.69%, with 11.96 million shares sold short, representing 15.17% of all regular shares available for trading. This is significantly higher than its peers' average short interest of 6.84%. The increase in short interest could indicate bearish sentiment among investors.
May 21, 2024 | 3:15 pm
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SM Energy's short interest has increased to 15.17% of its float, significantly higher than its peers' average of 6.84%. This could indicate bearish sentiment among investors.
The significant increase in short interest suggests that more investors are betting against SM Energy, which could lead to downward pressure on the stock price in the short term.
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