Looking Into ChampionX's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ChampionX's (NYSE:CHX) short interest has fallen by 4.55%, with 6.10 million shares sold short, representing 4.2% of its float. This is lower than the peer group average of 6.42%. The decrease in short interest may indicate a more bullish sentiment among investors.
June 26, 2024 | 4:45 pm
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ChampionX's short interest has decreased by 4.55%, now at 4.2% of its float, which is below the peer average of 6.42%. This reduction in short interest may indicate a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against ChampionX, which can be interpreted as a positive signal for the stock. Additionally, the company's short interest is lower than its peers, further supporting a potentially bullish outlook.
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IMPORTANCE 80
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