Looking Into Southwestern Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Southwestern Energy's short interest has decreased by 9.39%, with 32.32 million shares sold short, representing 3.28% of its float. This is lower than its peers' average short interest of 5.67%.
August 23, 2024 | 8:30 pm
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Southwestern Energy's short interest has decreased by 9.39%, indicating a potential shift in market sentiment. The current short interest is 3.28% of the float, which is lower than the peer average of 5.67%.
The decrease in short interest suggests that traders are less bearish on Southwestern Energy compared to before. With a short interest lower than its peers, this could indicate a more positive market sentiment towards the stock, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100