Peering Into Associated Cap Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Associated Cap Gr (NYSE:AC) has seen a significant decrease in its short interest, falling 64.13% since its last report. The current short interest stands at 0.99% of the float, with 11 thousand shares sold short. This is lower than the peer group average of 2.79%.
July 19, 2024 | 6:00 pm
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Associated Cap Gr's short interest has decreased by 64.13%, now at 0.99% of the float, which is lower than the peer group average of 2.79%. This indicates a more bullish sentiment among investors.
The significant decrease in short interest suggests that investors are becoming more bullish on Associated Cap Gr. This could lead to a positive short-term impact on the stock price as fewer investors are betting against it.
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IMPORTANCE 80
RELEVANCE 100