How Is The Market Feeling About Enstar Gr?
Portfolio Pulse from Benzinga Insights
Enstar Group's short interest has decreased by 26.56%, with 63,000 shares sold short, representing 0.47% of its float. This is lower than its peers' average short interest of 1.95%. A decrease in short interest can indicate a more bullish sentiment.
August 30, 2024 | 4:30 pm
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Enstar Group's short interest has decreased significantly, suggesting a potential shift towards a more bullish market sentiment. The current short interest is 0.47% of the float, which is lower than the peer average of 1.95%.
The decrease in short interest by 26.56% suggests that fewer investors are betting against Enstar Group, which can be interpreted as a positive sign for the stock. Additionally, the short interest is significantly lower than the peer average, indicating relative strength.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100