Peering Into EQT's Recent Short Interest
Portfolio Pulse from Benzinga Insights
EQT's short interest has risen by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.
May 28, 2024 | 8:00 pm
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EQT's short interest has increased by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.
The increase in short interest suggests that investors are becoming more bearish on EQT. This could lead to downward pressure on the stock price in the short term as more shares are being shorted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100