(AES) - Analyzing AES's Short Interest
Portfolio Pulse from Benzinga Insights
AES's short interest has increased by 20.31%, with 18.24 million shares sold short, representing 3.91% of its float. This is higher than its peers' average of 1.35%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 30, 2024 | 8:00 pm
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AES's short interest has increased significantly, now at 3.91% of its float, which is higher than its peers' average. This rise may indicate bearish sentiment, but it doesn't necessarily mean the stock price will fall.
The increase in short interest suggests that investors are more bearish on AES compared to its peers. However, short interest alone doesn't predict stock price movements. The stock may not necessarily fall, as other factors could influence its price.
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