Peering Into Lennox Intl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lennox Intl's (NYSE:LII) short interest has fallen by 8.72%, with 886 thousand shares sold short, representing 3.14% of its float. This is lower than the peer group average of 4.21%. The decrease in short interest could indicate a more bullish sentiment among investors.
July 15, 2024 | 5:30 pm
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Lennox Intl's short interest has decreased by 8.72%, now at 3.14% of its float, which is below the peer group average of 4.21%. This could indicate a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Lennox Intl, which could be interpreted as a sign of increasing confidence in the stock. This is further supported by the fact that its short interest is below the peer group average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100