Looking Into Mueller Water Products's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Mueller Water Products (NYSE:MWA) has seen a 15.64% decrease in its short percent of float, now at 1.51%. This is lower than its peers' average of 5.95%. The decrease in short interest may indicate a more bullish sentiment among investors.
September 03, 2024 | 1:15 pm
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Mueller Water Products has experienced a 15.64% decrease in short interest, now at 1.51% of float, which is below the peer average of 5.95%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, MWA's short interest is significantly lower than its peers, which may further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100