Peering Into Enphase Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Enphase Energy's short interest has risen by 6.78%, with 11.99 million shares sold short, representing 11.82% of its float. This is higher than the peer group average of 6.31%. It would take traders 3.27 days to cover their short positions.
May 30, 2024 | 1:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Enphase Energy's short interest has increased by 6.78%, with 11.99 million shares sold short, representing 11.82% of its float. This is higher than the peer group average of 6.31%.
The increase in short interest suggests that investors are becoming more bearish on Enphase Energy compared to its peers. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100