Looking Into Vertiv Hldgs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Vertiv Holdings (NYSE: VRT) has seen a 13.61% increase in its short percent of float, now at 4.34% of all regular shares. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 10.35%.
June 17, 2024 | 1:30 pm
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Vertiv Holdings has experienced a 13.61% increase in short interest, now at 4.34% of its float. This suggests a rise in bearish sentiment, although its short interest remains below the peer average of 10.35%.
The increase in short interest indicates a rise in bearish sentiment among investors, which could put downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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