Looking Into Intuitive Machines's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Intuitive Machines (NYSE:LUNR) has seen a 5.21% decrease in its short percent of float, now at 33.51%. This is significantly higher than its peers' average of 6.29%. The decrease in short interest may indicate a shift in market sentiment.
August 21, 2024 | 2:00 pm
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Intuitive Machines has experienced a 5.21% decrease in short interest, now at 33.51% of float, which is higher than its peers' average. This could indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards Intuitive Machines. While the short interest remains high compared to peers, the reduction could indicate that investors are becoming less bearish on the stock.
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