How Is The Market Feeling About Lennox Intl?
Portfolio Pulse from Benzinga Insights
Lennox Intl's short interest has decreased by 6.21%, with 3.17% of its shares sold short. This is lower than its peers' average of 3.99%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 03, 2024 | 5:45 pm
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POSITIVE IMPACT
Lennox Intl's short interest has decreased by 6.21%, now at 3.17% of float, which is below the peer average of 3.99%. This reduction may suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Lennox Intl, which can be interpreted as a sign of increased confidence in the stock. Additionally, its short interest is lower than the peer average, further indicating a relatively positive market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100