Peering Into Sunrun's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Sunrun's (NYSE:RUN) short interest has increased by 7.16%, with 30.4% of its float sold short. This is significantly higher than its peers' average of 10.70%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.
July 26, 2024 | 3:30 pm
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Sunrun's short interest has risen to 30.4%, significantly higher than its peers' average of 10.70%. This could indicate bearish sentiment but also presents a potential for a short squeeze.
The significant increase in short interest suggests that many investors are betting against Sunrun, which could lead to downward pressure on the stock price. However, the high short interest also means there is potential for a short squeeze if the stock price rises, forcing short sellers to cover their positions.
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