Peering Into Public Service Enterprise's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Public Service Enterprise (NYSE:PEG) has seen a 17.65% decrease in its short percent of float, now at 1.54% of available shares. This is lower than its peers' average of 2.93%. The decrease in short interest may indicate a more bullish sentiment among investors.
September 12, 2024 | 1:15 pm
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Public Service Enterprise's short interest has decreased by 17.65%, now at 1.54% of float, indicating a potential shift towards a more bullish sentiment compared to its peers.
The decrease in short interest suggests that investors are less bearish on Public Service Enterprise, which could lead to a positive short-term impact on the stock price. The company's short interest is also lower than its peers, further supporting a potential bullish sentiment.
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