Looking Into Carlisle Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Carlisle Companies (NYSE:CSL) has seen a 19.9% increase in short interest, now at 2.29% of its float. This is below the peer group average of 4.03%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.

September 05, 2024 | 2:00 pm
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Carlisle Companies has experienced a 19.9% increase in short interest, now at 2.29% of its float, which is below the peer average of 4.03%. This indicates a bearish sentiment but doesn't guarantee a price drop.
The increase in short interest suggests that investors are becoming more bearish on Carlisle Companies. However, the short interest is still below the peer average, which may mitigate the negative impact. The short interest rise could lead to downward pressure on the stock price in the short term.
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