(BLNK) - Analyzing Blink Charging's Short Interest
Portfolio Pulse from Benzinga Insights
Blink Charging's (NYSE:BLNK) short interest has fallen by 5.17% since its last report, with 19.47 million shares sold short, representing 19.79% of its float. This is higher than the peer group average of 9.73%. The decrease in short interest may indicate a shift in market sentiment.
June 07, 2024 | 5:45 pm
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Blink Charging's short interest has decreased by 5.17%, now at 19.79% of its float. This reduction in short interest could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Blink Charging, which could be interpreted as a positive signal for the stock. This shift in sentiment may lead to a short-term price increase.
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