How Is The Market Feeling About SolarEdge Technologies?
Portfolio Pulse from Benzinga Insights
SolarEdge Technologies (NYSE: SEDG) has seen a 36.19% increase in its short percent of float, now at 34.06%. This indicates a bearish sentiment among investors, as it has more short interest compared to its peers. It would take traders 2.04 days to cover their short positions.
July 18, 2024 | 5:15 pm
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SolarEdge Technologies has experienced a significant increase in short interest, rising by 36.19% to 34.06% of its float. This suggests a bearish sentiment among investors, as the company's short interest is notably higher than its peers.
The significant increase in short interest indicates that investors are bearish on SolarEdge Technologies. This could lead to downward pressure on the stock price in the short term, especially since the short interest is much higher than its peers.
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IMPORTANCE 80
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