(ENTG) - Analyzing Entegris's Short Interest
Portfolio Pulse from Benzinga Insights
Entegris (NYSE:ENTG) has seen a 14.37% decrease in its short percent of float, now at 2.74%. This is lower than its peers' average of 5.47%. The reduced short interest may indicate a more bullish sentiment towards the stock.
September 09, 2024 | 3:30 pm
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Entegris's short interest has decreased by 14.37%, now at 2.74% of float, which is below the peer average of 5.47%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Entegris, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Entegris's short interest is below the peer average, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100