How Is The Market Feeling About Carrier Global?
Portfolio Pulse from Benzinga Insights
Carrier Global's short interest has decreased by 16.59%, with 10.91 million shares sold short, representing 1.91% of its float. This is lower than its peers' average of 4.20%, indicating a more bullish sentiment towards the stock.
August 21, 2024 | 8:30 pm
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Carrier Global's short interest has decreased significantly, suggesting a more bullish sentiment compared to its peers. With only 1.91% of its float shorted, it is below the peer average of 4.20%.
The decrease in short interest by 16.59% indicates a shift towards a more bullish sentiment among investors. With a short interest of 1.91%, which is lower than the peer average of 4.20%, it suggests that investors are less bearish on Carrier Global compared to its peers. This could lead to a positive short-term impact on the stock price.
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IMPORTANCE 80
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