(RUN) - Analyzing Sunrun's Short Interest
Portfolio Pulse from Benzinga Insights
Sunrun's short interest has decreased by 5.95%, with 53.12 million shares sold short, representing 28.59% of its float. This is higher than its peers' average short interest of 10.19%. The decrease in short interest may indicate a shift in market sentiment.
August 22, 2024 | 3:15 pm
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Sunrun's short interest has decreased by 5.95%, with 53.12 million shares sold short, representing 28.59% of its float. This is higher than its peers' average short interest of 10.19%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for Sunrun. Although the short interest is still high compared to peers, the reduction could lead to upward pressure on the stock price if traders cover their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100