Peering Into Republic Servs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Republic Services (NYSE:RSG) has seen a 5.88% decrease in its short percent of float, now at 1.28% of all regular shares available for trading. This is lower than the peer group average of 2.66%. It would take traders 2.02 days to cover their short positions.
June 11, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Republic Services has experienced a 5.88% decrease in short interest, now at 1.28% of float, which is lower than its peers' average of 2.66%. This indicates a more bullish sentiment among investors.
The decrease in short interest suggests that investors are becoming more bullish on Republic Services compared to its peers. This could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100