Peering Into CRH's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CRH's short interest has risen by 10.07%, with 12.62 million shares sold short, representing 1.53% of its float. This increase in short interest could indicate bearish sentiment among investors. However, CRH's short interest is still lower than its peer group average of 3.02%.
August 16, 2024 | 3:00 pm
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CRH's short interest has increased by 10.07%, now at 1.53% of its float. This could indicate bearish sentiment, but it's still below the peer group average of 3.02%.
The increase in short interest suggests that more investors are betting against CRH, which could lead to downward pressure on the stock price. However, the short interest is still lower than the peer group average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100