Looking Into American Water Works's Recent Short Interest
Portfolio Pulse from Benzinga Insights
American Water Works (NYSE:AWK) has seen a 4.82% increase in short interest, with 4.08 million shares sold short, representing 2.39% of its float. This is higher than its peers' average of 2.22%. The increase in short interest suggests a bearish sentiment among investors.
August 21, 2024 | 5:45 pm
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American Water Works has experienced a 4.82% increase in short interest, now at 2.39% of its float, which is higher than its peers' average. This suggests a bearish sentiment among investors.
The increase in short interest indicates that investors are becoming more bearish on American Water Works compared to its peers. This could lead to downward pressure on the stock price in the short term.
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