Looking Into Casella Waste Sys's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Casella Waste Systems (NYSE:CWST) has seen a 4.77% increase in its short percent of float, now at 4.17% of all regular shares available for trading. This indicates a bearish sentiment among investors, as it would take traders 8.03 days to cover their short positions. The company's short interest is higher than its peer group average of 3.19%.
July 25, 2024 | 6:30 pm
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Casella Waste Systems has experienced a 4.77% increase in short interest, now at 4.17% of its float. This suggests a bearish sentiment among investors, as it would take 8.03 days to cover short positions. The company's short interest is higher than its peer group average of 3.19%.
The increase in short interest indicates a bearish sentiment among investors, which could lead to downward pressure on the stock price in the short term. The fact that it would take 8.03 days to cover these positions adds to the potential volatility.
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