How Is The Market Feeling About Grand Canyon Education?
Portfolio Pulse from Benzinga Insights
Grand Canyon Education (NYSE:LOPE) has seen an 8.96% increase in its short percent of float, now at 1.46%. This is lower than its peers' average of 5.67%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
September 04, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Grand Canyon Education's short interest has increased by 8.96%, reaching 1.46% of float, which is below the peer average of 5.67%. This rise may suggest bearish sentiment, but it doesn't necessarily predict a price decline.
The increase in short interest suggests a potential bearish sentiment among investors. However, since the short interest is still below the peer average, it may not have a significant negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100