(GFF) - Analyzing Griffon's Short Interest
Portfolio Pulse from Benzinga Insights
Griffon's (NYSE:GFF) short interest has fallen by 23.62% since its last report, with 2.06 million shares sold short, representing 7.08% of its float. This decline in short interest suggests a more bullish sentiment among investors. Comparatively, Griffon's short interest is higher than its peer group average of 4.04%.
July 15, 2024 | 1:00 pm
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Griffon's short interest has decreased by 23.62%, now at 7.08% of its float. This suggests a more bullish sentiment among investors, although its short interest remains higher than its peers.
The significant drop in short interest indicates that fewer investors are betting against Griffon, which can be interpreted as a positive signal for the stock. However, its short interest is still higher than its peers, which may warrant caution.
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