How Is The Market Feeling About Acadia Healthcare Co?
Portfolio Pulse from Benzinga Insights
Acadia Healthcare Co (NYSE: ACHC) has seen a 10.28% rise in its short percent of float, now at 3.97%. This indicates increased bearish sentiment, although it remains below the peer group average of 4.97%. Traders should be aware of the growing short interest.
June 18, 2024 | 6:30 pm
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Acadia Healthcare Co's short percent of float has risen by 10.28%, now at 3.97%. This suggests increased bearish sentiment among traders, although it is still below the peer group average of 4.97%.
The increase in short interest suggests that more traders are betting against the stock, which could lead to downward pressure on the stock price in the short term. However, the short interest is still below the peer group average, which may mitigate some of the negative impact.
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