(WTRG) - Analyzing Essential Utilities's Short Interest
Portfolio Pulse from Benzinga Insights
Essential Utilities (NYSE:WTRG) has seen a 9.44% decrease in its short percent of float, now at 2.11%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 2.23%.
September 17, 2024 | 1:00 pm
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Essential Utilities has experienced a 9.44% decrease in short interest, now at 2.11% of float. This suggests a more bullish sentiment compared to its peers, whose average short interest is 2.23%.
The decrease in short interest suggests that investors are becoming more bullish on Essential Utilities. With a lower short interest compared to its peers, this could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100