Peering Into First Business Finl Servs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
First Business Financial Services (NYSE:FBIZ) has seen a 9.52% decrease in its short interest, now at 0.38% of its float. This is lower than the peer group average of 1.39%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 22, 2024 | 2:30 pm
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First Business Financial Services has experienced a 9.52% decrease in short interest, now at 0.38% of its float, which is below the peer average of 1.39%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against FBIZ, which can be interpreted as a sign of increased confidence in the stock. Additionally, the short interest is significantly lower than the peer average, further indicating a potentially bullish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100