Looking Into First Bancshares's Recent Short Interest
Portfolio Pulse from Benzinga Insights
First Bancshares (NYSE:FBMS) has seen a 45.45% decrease in its short percent of float, now at 1.02%. This is lower than its peers' average of 2.62%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 22, 2024 | 2:45 pm
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First Bancshares has experienced a significant decrease in short interest, which is now lower than its peers. This could indicate a shift towards a more bullish sentiment among investors.
The 45.45% decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, the short interest is lower than the peer average, further supporting a potential bullish sentiment.
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