Looking Into Mullen Automotive's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Mullen Automotive's short interest has fallen by 20.55%, with 4.53 million shares sold short, representing 19.41% of its float. This is higher than the peer group average of 6.91%. The decrease in short interest may indicate a shift in market sentiment.
August 16, 2024 | 2:00 pm
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Mullen Automotive's short interest has decreased by 20.55%, now at 19.41% of its float. This reduction may indicate a shift towards a more bullish sentiment among investors.
The significant drop in short interest suggests that fewer investors are betting against the stock, which could lead to a more positive sentiment and potentially a rise in the stock price.
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