Peering Into Western Midstream's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Western Midstream's short interest has increased by 3.19%, with 7.35 million shares sold short, representing 3.88% of its float. This is higher than its peers' average of 3.85%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
August 30, 2024 | 7:15 pm
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Western Midstream's short interest has increased to 3.88% of its float, higher than its peers' average. This suggests a bearish sentiment among investors.
The increase in short interest to 3.88% of float, above the peer average, indicates a bearish sentiment. This could lead to downward pressure on the stock price as more investors bet against it.
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