(LNG) - Analyzing Cheniere Energy's Short Interest
Portfolio Pulse from Benzinga Insights
Cheniere Energy's short interest has decreased by 18.32%, with 3.51 million shares sold short, representing 1.56% of its float. This is lower than the peer average of 3.96%, indicating a more bullish sentiment towards Cheniere compared to its peers.
August 22, 2024 | 6:30 pm
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Cheniere Energy's short interest has decreased significantly, suggesting a more bullish sentiment compared to its peers. This could potentially lead to a positive short-term impact on its stock price.
The decrease in short interest by 18.32% suggests that investors are less bearish on Cheniere Energy. With its short interest below the peer average, this indicates a relatively more positive market sentiment, which could lead to a short-term increase in stock price.
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