(NI) - Analyzing NiSource's Short Interest
Portfolio Pulse from Benzinga Insights
NiSource's short interest has decreased by 8.52%, with 16.52 million shares sold short, representing 4.19% of its float. This is higher than its peers' average of 2.82%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 26, 2024 | 5:15 pm
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NiSource's short interest has decreased by 8.52%, with 16.52 million shares sold short, representing 4.19% of its float. This is higher than its peers' average of 2.82%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although NiSource's short interest is still higher than its peers, the reduction could lead to a positive short-term impact on the stock price as it indicates less bearish sentiment.
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