Peering Into SPX Techs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SPX Techs (NYSE:SPXC) has seen an 18.33% increase in its short percent of float, now at 2.13%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 2.49%.
August 28, 2024 | 3:45 pm
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SPX Techs has experienced an 18.33% increase in short interest, now at 2.13% of float. This suggests a rise in bearish sentiment, but it remains below the peer average of 2.49%.
The increase in short interest suggests that investors are becoming more bearish on SPX Techs, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be moderated.
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