(ALSN) - Analyzing Allison Transmission's Short Interest
Portfolio Pulse from Benzinga Insights
Allison Transmission's short interest has decreased by 18.97%, with 1.26 million shares sold short, representing 1.88% of its float. This is lower than its peers' average short interest of 5.25%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 05, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Allison Transmission's short interest has decreased significantly, suggesting a potential shift in market sentiment towards a more bullish outlook. The company's short interest is lower than its peers, which may positively influence its stock price.
The decrease in short interest by 18.97% suggests that fewer investors are betting against Allison Transmission, which could indicate a more positive market sentiment. Additionally, its short interest is lower than the peer average, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100