(CMS) - Analyzing CMS Energy's Short Interest
Portfolio Pulse from Benzinga Insights
CMS Energy's short interest has fallen by 10.85%, with 9.06 million shares sold short, representing 3.45% of its float. This is higher than the peer group average of 3.02%. It would take traders 4.32 days to cover their short positions.
June 19, 2024 | 1:00 pm
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CMS Energy's short interest has decreased by 10.85%, now at 3.45% of its float, which is higher than the peer average of 3.02%. It would take traders 4.32 days to cover their short positions.
The decrease in short interest suggests a more bullish sentiment among investors. Although CMS Energy's short interest is higher than its peers, the reduction indicates that fewer investors are betting against the stock, which could lead to a short-term price increase.
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IMPORTANCE 80
RELEVANCE 100