Peering Into Abercrombie & Fitch's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Abercrombie & Fitch (NYSE:ANF) has seen a 12.34% decrease in its short percent of float, now at 15.56%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 17.11%.
June 28, 2024 | 1:00 pm
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Abercrombie & Fitch's short interest has decreased by 12.34%, now at 15.56%, indicating a more bullish sentiment compared to its peers.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. This is further supported by the fact that ANF's short interest is lower than the peer group average.
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