Looking Into Graphic Packaging Holding's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Graphic Packaging Holding (NYSE:GPK) has seen a 4.25% increase in its short percent of float, now at 5.64%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 3.17%.
May 22, 2024 | 1:30 pm
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Graphic Packaging Holding's short interest has increased by 4.25%, now at 5.64% of float. This suggests a bearish sentiment among investors, as the company's short interest is higher than its peers' average of 3.17%.
The increase in short interest indicates that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term. The fact that GPK's short interest is higher than its peers further supports this bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100