(BAH) - Analyzing Booz Allen Hamilton's Short Interest
Portfolio Pulse from Benzinga Insights
Booz Allen Hamilton's (NYSE:BAH) short interest has risen by 17.92%, with 1.42 million shares sold short, representing 1.25% of its float. This increase in short interest could indicate bearish sentiment, although BAH's short interest is lower than its peers' average of 3.17%.
June 05, 2024 | 4:30 pm
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Booz Allen Hamilton's short interest has increased by 17.92%, now at 1.25% of its float. This could indicate bearish sentiment, but its short interest remains lower than the peer average of 3.17%.
The increase in short interest suggests that more investors are betting against BAH, which could lead to downward pressure on the stock price. However, the short interest is still lower than the peer average, which might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100