Peering Into Adtalem Glb Education's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Adtalem Glb Education (NYSE:ATGE) has seen a significant rise in short interest, with 11.11% of its float sold short, up 11.21% since the last report. This indicates increased bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.73%.
July 26, 2024 | 1:00 pm
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Adtalem Glb Education's short interest has risen to 11.11% of its float, indicating increased bearish sentiment. This is significantly higher than its peers' average short interest of 5.73%.
The significant rise in short interest suggests that investors are increasingly bearish on Adtalem Glb Education. This could lead to downward pressure on the stock price in the short term as more investors bet against the company.
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