How Is The Market Feeling About Howmet Aerospace?
Portfolio Pulse from Benzinga Insights
Howmet Aerospace (NYSE:HWM) has seen a 31.32% decrease in its short percent of float, now at 1.93%. This is lower than its peers' average of 2.95%. The reduced short interest may indicate a more bullish sentiment towards the stock.
August 19, 2024 | 7:15 pm
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Howmet Aerospace's short interest has decreased by 31.32%, now at 1.93% of float, indicating potentially more bullish sentiment compared to its peers' average of 2.95%.
The significant decrease in short interest suggests that investors are less bearish on Howmet Aerospace compared to its peers. This could lead to a positive short-term impact on the stock price as it indicates a shift in market sentiment.
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