(KMI) - Analyzing Kinder Morgan's Short Interest
Portfolio Pulse from Benzinga Insights
Kinder Morgan's (NYSE:KMI) short interest has risen by 7.49%, with 47.13 million shares sold short, representing 2.44% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.13%.
May 30, 2024 | 1:45 pm
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Kinder Morgan's short interest has increased by 7.49%, now at 2.44% of its float. This could indicate bearish sentiment, but it remains below the peer average of 4.13%.
The increase in short interest suggests that more investors are betting against the stock, which could indicate bearish sentiment. However, the short interest is still below the peer average, which might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100