Peering Into EMCOR Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
EMCOR Group's (NYSE:EME) short interest has fallen by 16.36%, with 666 thousand shares sold short, representing 1.84% of its float. This is lower than the peer group average of 5.86%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 08, 2024 | 3:45 pm
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EMCOR Group's short interest has decreased by 16.36%, now at 1.84% of its float, which is lower than the peer average of 5.86%. This could indicate a more bullish sentiment among investors.
The significant decrease in short interest suggests that fewer investors are betting against EMCOR Group, which could be interpreted as a positive signal for the stock's short-term performance.
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