How Is The Market Feeling About Kirby?
Portfolio Pulse from Benzinga Insights
Kirby's short interest has increased by 8.39%, with 1.55% of its shares sold short. This is below the peer group average of 3.21%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 29, 2024 | 8:45 pm
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Kirby's short interest has increased by 8.39%, now at 1.55% of float, which is below the peer average of 3.21%. This rise may indicate bearish sentiment, but doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since Kirby's short interest is still below the peer average, the impact on the stock price may be neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100