(HCC) - Analyzing Warrior Met Coal's Short Interest
Portfolio Pulse from Benzinga Insights
Warrior Met Coal (NYSE:HCC) has seen a 44.2% increase in short interest, with 3.98 million shares sold short, representing 10.57% of its float. This is higher than the peer group average of 5.80%. It would take traders 3.94 days to cover their short positions.
July 22, 2024 | 2:30 pm
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Warrior Met Coal's short interest has increased by 44.2%, with 3.98 million shares sold short, representing 10.57% of its float. This is significantly higher than the peer group average of 5.80%.
The significant increase in short interest suggests that market sentiment towards Warrior Met Coal is bearish. This could lead to downward pressure on the stock price in the short term as more investors bet against it.
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