(PAA) - Analyzing Plains All American's Short Interest
Portfolio Pulse from Benzinga Insights
Plains All American's (NYSE:PAA) short interest has decreased by 20.22%, with 10.03 million shares sold short, representing 2.17% of its float. This is lower than the peer group average of 3.83%. The reduced short interest may indicate a more bullish sentiment among investors.
August 12, 2024 | 8:00 pm
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Plains All American's short interest has decreased by 20.22%, now at 2.17% of its float, which is lower than the peer group average of 3.83%. This reduction in short interest may indicate a more bullish sentiment among investors.
The significant decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, PAA's short interest is lower than its peers, further supporting a potentially bullish outlook.
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