Looking Into APi Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
APi Group (NYSE:APG) has seen a 10.38% decrease in its short percent of float, now at 3.28%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 5.15%. It would take traders 4.1 days to cover their short positions.
June 21, 2024 | 1:15 pm
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APi Group's short interest has decreased by 10.38%, now at 3.28% of float. This suggests a more bullish sentiment compared to its peers, whose average short interest is 5.15%.
The decrease in short interest indicates that fewer investors are betting against APi Group, which can be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that APi Group's short interest is lower than the average of its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100