Looking Into Albemarle's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Albemarle's short interest has decreased by 3.68%, with 11.86 million shares sold short, representing 11.52% of its float. This is higher than its peers' average of 3.04%. The decrease in short interest may indicate a more bullish sentiment.
September 17, 2024 | 4:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Albemarle's short interest has decreased by 3.68%, with 11.86 million shares sold short, representing 11.52% of its float. This is higher than its peers' average of 3.04%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests that traders are less bearish on Albemarle, which could lead to a positive short-term impact on the stock price. The short interest is still high compared to peers, indicating potential volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100