Peering Into AES's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AES's short interest has risen by 14.67%, with 20.07 million shares sold short, representing 4.3% of its float. This is higher than its peers' average short interest of 2.27%. It would take traders 3.31 days to cover their short positions.
June 27, 2024 | 2:15 pm
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AES's short interest has increased by 14.67%, with 20.07 million shares sold short, representing 4.3% of its float. This is significantly higher than its peers' average short interest of 2.27%.
The significant increase in short interest suggests that investors are becoming more bearish on AES compared to its peers. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100