(CSL) - Analyzing Carlisle Companies's Short Interest
Portfolio Pulse from Benzinga Insights
Carlisle Companies (NYSE:CSL) has seen a 9.27% increase in its short percent of float, now at 1.65% of all regular shares available for trading. This indicates a rise in bearish sentiment, although the company's short interest is still below the peer group average of 3.69%.
May 24, 2024 | 8:30 pm
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Carlisle Companies has experienced a 9.27% increase in short interest, now at 1.65% of its float. This rise in short interest suggests a growing bearish sentiment among investors, although it remains below the peer group average of 3.69%.
The increase in short interest indicates a rise in bearish sentiment towards Carlisle Companies. While this does not guarantee a price drop, it suggests that more investors are betting against the stock. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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IMPORTANCE 70
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