Peering Into Alpha Metallurgical's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Alpha Metallurgical (NYSE:AMR) has seen a 9.28% increase in its short percent of float, now at 15.66%. This indicates a bearish sentiment among investors, as it would take 6.76 days to cover these short positions. The company's short interest is significantly higher than its peers, whose average is 5.50%.
May 30, 2024 | 1:45 pm
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Alpha Metallurgical's short interest has increased by 9.28%, now at 15.66% of its float. This suggests a bearish sentiment among investors, as it would take 6.76 days to cover these short positions. The company's short interest is significantly higher than its peers, whose average is 5.50%.
The significant increase in short interest indicates a bearish sentiment among investors. The high percentage of shares sold short compared to its peers suggests that investors are particularly pessimistic about AMR's near-term prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100