Peering Into Archer Aviation's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Archer Aviation's short interest has decreased by 8.29%, with 60.02 million shares sold short, representing 25.1% of its float. This is higher than its peers' average short interest of 8.28%. The decrease in short interest may indicate a shift in market sentiment.
September 12, 2024 | 7:15 pm
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Archer Aviation's short interest has decreased by 8.29%, with 60.02 million shares sold short, representing 25.1% of its float. This is higher than its peers' average short interest of 8.28%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards Archer Aviation, as fewer investors are betting against the stock. This could lead to a positive short-term impact on the stock price, especially if the market perceives this as a bullish signal.
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IMPORTANCE 80
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