(SBLK) - Analyzing Star Bulk Carriers's Short Interest
Portfolio Pulse from Benzinga Insights
Star Bulk Carriers (NYSE:SBLK) has seen a 22.39% decrease in its short interest, now at 2.08% of its float. This is lower than its peers' average of 3.10%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 23, 2024 | 8:30 pm
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Star Bulk Carriers has experienced a significant decrease in short interest, which is now below the average of its peers. This could indicate a shift towards a more bullish sentiment among investors.
The 22.39% decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, SBLK's short interest is lower than its peers, further supporting a potential bullish outlook.
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