Peering Into Boise Cascade's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Boise Cascade's (NYSE:BCC) short percent of float has risen 25.07% since its last report, with 1.15 million shares sold short, representing 4.39% of all regular shares available for trading. This increase in short interest suggests a more bearish market sentiment towards the stock.
August 12, 2024 | 3:30 pm
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Boise Cascade's short interest has increased by 25.07%, with 1.15 million shares sold short, representing 4.39% of the float. This suggests a bearish sentiment among investors.
The significant increase in short interest indicates that more investors are betting against the stock, which typically suggests a bearish outlook. This could lead to downward pressure on the stock price in the short term.
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