How Is The Market Feeling About Constellation Energy?
Portfolio Pulse from Benzinga Insights
Constellation Energy (NYSE:CEG) has seen a 17.62% decrease in its short percent of float, now at 1.87%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 1.98%.
September 02, 2024 | 6:00 pm
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Constellation Energy's short interest has decreased by 17.62%, now at 1.87% of float, suggesting a more bullish sentiment. This is lower than the peer average of 1.98%, potentially indicating positive market sentiment.
The decrease in short interest by 17.62% suggests that investors are less bearish on Constellation Energy. With a short interest of 1.87%, which is below the peer average of 1.98%, this indicates a relatively more positive sentiment towards the stock. This could lead to a short-term price increase as the market perceives the stock more favorably.
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