How Is The Market Feeling About IES Hldgs?
Portfolio Pulse from Benzinga Insights
IES Holdings (NYSE: IESC) has seen a 7.31% increase in its short percent of float, now at 5.43%. This indicates a bearish sentiment among investors, as it would take 2.44 days to cover these short positions. The company's short interest is higher than its peers, whose average is 5.00%.
July 05, 2024 | 2:58 pm
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IES Holdings has experienced a 7.31% increase in its short percent of float, now at 5.43%. This suggests a bearish sentiment among investors, as it would take 2.44 days to cover these short positions. The company's short interest is higher than its peers, whose average is 5.00%.
The increase in short interest suggests that investors are becoming more bearish on IES Holdings. This could lead to downward pressure on the stock price in the short term as more investors bet against the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100