How Is The Market Feeling About APA?
Portfolio Pulse from Benzinga Insights
APA Corporation's short interest has decreased by 12.75%, with 14.40 million shares sold short, representing 4.45% of its float. This is lower than its peers' average short interest of 5.62%. A decrease in short interest can indicate a more bullish sentiment towards the stock.
August 20, 2024 | 5:15 pm
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APA's short interest has decreased by 12.75%, now at 4.45% of its float, which is below the peer average of 5.62%. This decrease may indicate a more bullish sentiment towards APA.
The decrease in short interest suggests that fewer investors are betting against APA, which can be interpreted as a positive sentiment shift. This is further supported by APA's short interest being lower than its peers, indicating relative strength.
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IMPORTANCE 70
RELEVANCE 100