How Is The Market Feeling About Lockheed Martin?
Portfolio Pulse from Benzinga Insights
Lockheed Martin's short interest has increased by 47.06%, with 2.51 million shares sold short, representing 1.25% of its float. This is below the peer group average of 2.98%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 20, 2024 | 3:45 pm
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Lockheed Martin's short interest has increased significantly, indicating potential bearish sentiment. However, its short interest is still below the peer average, suggesting less bearishness compared to peers.
The increase in short interest suggests that investors are more bearish on Lockheed Martin, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the bearish sentiment might not be as strong as for its peers.
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