Looking Into Coterra Energy's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Coterra Energy's short interest has decreased by 7.83%, with 13.60 million shares sold short, representing 2.12% of its float. This is lower than its peers' average short interest of 5.90%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 16, 2024 | 4:00 pm
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Coterra Energy's short interest has decreased by 7.83%, with 13.60 million shares sold short, representing 2.12% of its float. This is lower than its peers' average short interest of 5.90%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Coterra Energy compared to before. With short interest lower than its peers, this could indicate a more positive outlook for the stock, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100