How Is The Market Feeling About MPLX?
Portfolio Pulse from Benzinga Insights
MPLX's short percent of float has risen by 4.36%, with 11.59 million shares sold short, representing 3.11% of all regular shares available for trading. This increase in short interest could indicate bearish sentiment among investors.
June 17, 2024 | 5:00 pm
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MPLX's short percent of float has increased by 4.36%, with 11.59 million shares sold short, representing 3.11% of all regular shares available for trading. This rise in short interest could indicate bearish sentiment among investors.
The increase in short interest suggests that more investors are betting against MPLX, which could indicate a bearish outlook. This sentiment might put downward pressure on the stock price in the short term.
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