Looking Into First Solar's Recent Short Interest
Portfolio Pulse from Benzinga Insights
First Solar (NYSE:FSLR) has seen a 9.54% increase in its short percent of float, now at 6.89% of all regular shares available for trading. This is higher than the peer group average of 4.71%. The increase in short interest could indicate bearish sentiment among investors.
June 19, 2024 | 8:00 pm
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First Solar's short interest has increased by 9.54%, now at 6.89% of float, indicating potential bearish sentiment. This is higher than the peer group average of 4.71%.
The increase in short interest suggests that more investors are betting against First Solar, which could lead to downward pressure on the stock price in the short term. The fact that its short interest is higher than the peer group average further supports this bearish outlook.
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