Looking Into Atkore's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Atkore's (NYSE:ATKR) short interest has risen by 5.74%, with 22.47% of its float sold short. This is significantly higher than its peers' average of 10.65%. It would take traders 7.54 days to cover their short positions.
May 30, 2024 | 1:31 pm
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Atkore's short interest has increased to 22.47% of its float, indicating a bearish sentiment among investors. This is significantly higher than its peers' average of 10.65%.
The significant increase in short interest suggests that investors are bearish on Atkore's stock. This could lead to downward pressure on the stock price in the short term.
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