Peering Into Celsius Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Celsius Holdings (NYSE:CELH) has seen a 7.5% decrease in its short percent of float, now at 10.73%. This is higher than its peers' average of 5.94%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 19, 2024 | 3:30 pm
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Celsius Holdings has experienced a 7.5% decrease in short interest, now at 10.73% of float, which is higher than its peers' average. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Celsius Holdings, which could be interpreted as a positive sign for the stock. Additionally, the short interest is still higher than its peers, indicating potential volatility but also a possible short squeeze if sentiment continues to improve.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100