Looking Into CRH's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CRH's short interest has risen by 7.75%, with 11.46 million shares sold short, representing 1.39% of its float. This is lower than the peer group average of 3.41%. Increased short interest can indicate bearish sentiment but doesn't necessarily predict a stock price decline.
July 26, 2024 | 5:15 pm
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CRH's short interest has increased by 7.75%, with 11.46 million shares sold short, representing 1.39% of its float. This is lower than the peer group average of 3.41%.
The increase in short interest suggests a bearish sentiment among traders, but since CRH's short interest is still below the peer average, the impact on the stock price may be neutral in the short term.
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