Looking Into Huntington Ingalls Indus's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Huntington Ingalls Industries (NYSE:HII) has seen a 32.08% increase in short interest, now at 2.1% of its float. This is below the peer average of 2.94%. Short interest can indicate market sentiment, with rising short interest suggesting bearish views.
August 23, 2024 | 3:00 pm
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Huntington Ingalls Industries has experienced a significant increase in short interest, rising by 32.08% to 2.1% of its float. This suggests a more bearish sentiment among investors, although its short interest remains below the peer average of 2.94%.
The increase in short interest by 32.08% suggests that investors are becoming more bearish on HII. However, the short interest is still below the peer average, which may mitigate the negative impact. The short interest level can influence stock price movements, as it reflects market sentiment.
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