How Is The Market Feeling About Abercrombie & Fitch?
Portfolio Pulse from Benzinga Insights
Abercrombie & Fitch (NYSE:ANF) has seen a 5.3% decrease in its short percent of float, now at 13.05%. This is lower than its peers' average of 17.66%. The reduced short interest may indicate a more bullish sentiment towards the stock.
September 04, 2024 | 6:00 pm
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Abercrombie & Fitch's short interest has decreased by 5.3%, now at 13.05%, which is below the peer average of 17.66%. This could suggest a more bullish market sentiment.
The decrease in short interest suggests that fewer investors are betting against Abercrombie & Fitch, which could indicate a shift towards a more positive outlook on the stock. This is further supported by the fact that its short interest is below the peer average, potentially making it more attractive to investors.
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