Peering Into NextEra Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
NextEra Energy (NYSE:NEE) has seen a 9.41% increase in its short percent of float, now at 1.86% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, NextEra Energy has a lower short interest percentage.
July 18, 2024 | 3:15 pm
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NextEra Energy's short interest has increased by 9.41%, now at 1.86% of its float. This rise in short interest suggests growing bearish sentiment among investors. However, NEE's short interest remains lower than the average of its peers.
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 fact that NEE's short interest is still lower than its peers may mitigate some of this negative sentiment.
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