(SRE) - Analyzing Sempra's Short Interest
Portfolio Pulse from Benzinga Insights
Sempra's short interest has decreased by 3.85%, with 11.39 million shares sold short, representing 2.0% of its float. This is lower than the peer average of 2.73%. The decrease in short interest may indicate a more bullish sentiment towards Sempra.
September 10, 2024 | 7:15 pm
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Sempra's short interest has decreased by 3.85%, with 11.39 million shares sold short, representing 2.0% of its float. This is lower than the peer average of 2.73%. The decrease in short interest may indicate a more bullish sentiment towards Sempra.
The decrease in short interest suggests that fewer investors are betting against Sempra, which could be interpreted as a sign of increased confidence in the stock. Additionally, Sempra's short interest is below the peer average, further indicating a relatively positive sentiment. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100