How Is The Market Feeling About Actelis Networks?
Portfolio Pulse from Benzinga Insights
Actelis Networks (NYSE:ASNS) has seen a significant rise in its short percent of float, increasing by 163.7% to 12.13%. This indicates a bearish sentiment among investors, as it would take traders an average of 1.0 days to cover their short positions. The company's short interest is notably higher than its peers, whose average short interest is 2.16%.
July 02, 2024 | 2:30 pm
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Actelis Networks has experienced a 163.7% increase in its short percent of float, now at 12.13%. This suggests a bearish sentiment among investors, as it would take traders an average of 1.0 days to cover their short positions. The company's short interest is significantly higher than its peers.
The significant increase in short interest indicates that investors are bearish on Actelis Networks. This could lead to downward pressure on the stock price in the short term as more investors bet against the company.
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