Peering Into Arcadium Lithium's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Arcadium Lithium (NYSE:ALTM) has seen a 9.29% increase in its short percent of float, now at 8.0%. This is higher than its peers' average of 3.27%. It would take traders 10.12 days to cover their short positions.
July 05, 2024 | 2:58 pm
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Arcadium Lithium's short interest has increased by 9.29%, now at 8.0% of float, indicating bearish sentiment. It would take 10.12 days to cover short positions.
The significant increase in short interest suggests that investors are bearish on Arcadium Lithium. This could lead to downward pressure on the stock price in the short term as more shares are being shorted.
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