Looking Into AZEK Co's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AZEK Co's short interest has fallen by 8.85%, with 5.44 million shares sold short, representing 3.81% of its float. This is lower than the peer group average of 4.04%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 07, 2024 | 4:30 pm
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AZEK Co's short interest has decreased by 8.85%, now at 3.81% of its float, which is lower than the peer group average of 4.04%. This could indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against AZEK Co, which could be interpreted as a sign of increasing confidence in the stock. This is further supported by the fact that AZEK's short interest is lower than the average of its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100