How Is The Market Feeling About AptarGroup?
Portfolio Pulse from Benzinga Insights
AptarGroup's short interest has decreased by 6.9%, with 474,000 shares sold short, representing 0.81% of its float. This is lower than its peers' average of 3.57%, indicating a more bullish sentiment towards AptarGroup compared to its industry peers.
September 13, 2024 | 7:00 pm
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POSITIVE IMPACT
AptarGroup's short interest has decreased by 6.9%, with 474,000 shares sold short, representing 0.81% of its float. This is lower than its peers' average of 3.57%, indicating a more bullish sentiment towards AptarGroup compared to its industry peers.
The decrease in short interest suggests that investors are less bearish on AptarGroup compared to its peers, which could lead to a positive short-term impact on its stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100