Looking Into Minim's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Minim (NYSE:MINM) has seen a 13.77% increase in its short percent of float, now at 6.28%. This is significantly higher than its peers' average of 1.79%. The rise in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.
June 24, 2024 | 1:45 pm
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Minim's short interest has increased by 13.77%, now at 6.28% of its float. This is significantly higher than its peers' average of 1.79%, indicating potential bearish sentiment among investors.
The significant increase in short interest suggests that investors are becoming more bearish on Minim. This could lead to downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100