(PWR) - Analyzing Quanta Services's Short Interest
Portfolio Pulse from Benzinga Insights
Quanta Services (NYSE:PWR) has seen a 3.68% increase in its short percent of float, now at 3.1%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.70%. It would take traders 4.28 days to cover their short positions.
May 24, 2024 | 8:45 pm
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Quanta Services (NYSE:PWR) has experienced a 3.68% increase in short interest, now at 3.1% of its float. This suggests a rise in bearish sentiment, although it remains below the peer group average of 4.70%.
The increase in short interest indicates a rise in bearish sentiment towards Quanta Services. However, since the short interest is still below the peer group average, the impact may be moderated.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100