Peering Into Exelon's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Exelon's (NYSE:EXC) short interest has risen by 64.94%, with 25.38 million shares sold short, representing 2.54% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Exelon's short interest is still below the peer group average of 2.59%.
July 05, 2024 | 2:58 pm
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Exelon's short interest has increased by 64.94%, now at 2.54% of its float. This rise could indicate bearish sentiment, but it's still below the peer average of 2.59%.
The significant increase in short interest suggests that investors are becoming more bearish on Exelon. However, since the short interest is still below the peer average, the impact might be moderated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100