Peering Into ICF International's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ICF International (NYSE:ICFI) has seen a 13.75% increase in its short percent of float, now at 0.91% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, ICFI has a lower short interest percentage.
July 17, 2024 | 1:15 pm
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ICF International has experienced a 13.75% increase in short interest, now at 0.91% of its float. This rise in short interest suggests a growing bearish sentiment among investors. However, the company's short interest is still lower than the peer group average of 3.68%.
The increase in short interest indicates that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term. However, the short interest is still lower than the average of its peers, which might mitigate some of the negative impact.
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