(SWN) - Analyzing Southwestern Energy's Short Interest
Portfolio Pulse from Benzinga Insights
Southwestern Energy (NYSE:SWN) has seen a 9.15% increase in its short percent of float, now at 3.58%. This is below the peer group average of 5.83%. The rise in short interest could indicate bearish sentiment, but it's not necessarily a predictor of a price drop.
September 17, 2024 | 8:45 pm
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NEUTRAL IMPACT
Southwestern Energy's short interest has increased by 9.15%, reaching 3.58% of its float. This is lower than the peer average of 5.83%, suggesting less bearish sentiment compared to peers. The increase in short interest could indicate a bearish outlook, but it's not a definitive predictor of a price decline.
The increase in short interest suggests a potential bearish sentiment towards Southwestern Energy. However, since the short interest is below the peer average, it indicates relatively less bearish sentiment compared to its peers. The short interest alone does not guarantee a price drop, hence a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100