(GPK) - Analyzing Graphic Packaging Holding's Short Interest
Portfolio Pulse from Benzinga Insights
Graphic Packaging Holding (NYSE:GPK) has seen a 13.12% increase in its short percent of float, now at 6.38%. This indicates a bearish sentiment among investors, as it is higher than the peer group average of 3.35%. It would take traders 6.26 days to cover their short positions.
June 07, 2024 | 2:15 pm
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Graphic Packaging Holding's short interest has increased by 13.12%, now at 6.38% of float, indicating a bearish sentiment. This is higher than the peer group average of 3.35%.
The increase in short interest suggests that investors are becoming more bearish on GPK. This could lead to downward pressure on the stock price in the short term, especially since the short interest is significantly higher than its peers.
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IMPORTANCE 80
RELEVANCE 100