Looking Into Cheetah Net Supply Chain's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Cheetah Net Supply Chain (NYSE:CTNT) has seen a 43.44% decrease in its short percent of float, now at 1.94%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 7.02%.
August 22, 2024 | 1:15 pm
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Cheetah Net Supply Chain's short interest has decreased by 43.44%, now at 1.94% of float, indicating a more bullish sentiment compared to its peers with higher short interest.
The significant decrease in short interest suggests that investors are becoming more bullish on CTNT. With a short interest of 1.94%, which is lower than the peer average of 7.02%, this could lead to positive price movement in the short term.
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