Looking Into Howmet Aerospace's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Howmet Aerospace (NYSE:HWM) has seen a 13.18% increase in its short percent of float, now at 2.49%. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a near-term price drop. The company's short interest is higher than its peers, which average 2.36%.
May 24, 2024 | 4:00 pm
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Howmet Aerospace's short interest has increased by 13.18%, now at 2.49% of float. This suggests a bearish sentiment among investors, although it doesn't guarantee a near-term price drop. The company's short interest is higher than its peers' average of 2.36%.
The increase in short interest indicates that more investors are betting against Howmet Aerospace, which could lead to downward pressure on the stock price. However, this does not guarantee a near-term price drop.
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