How Is The Market Feeling About Nuvve Holding?
Portfolio Pulse from Benzinga Insights
Nuvve Holding (NYSE:NVVE) has seen a significant decrease in its short percent of float, falling by 67.53% since the last report. Currently, 2.14% of its shares are sold short, which is higher than the peer group average of 1.68%. This decrease in short interest may indicate a shift in market sentiment towards a more bullish outlook.
September 18, 2024 | 2:00 pm
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Nuvve Holding's short interest has decreased by 67.53%, now at 2.14% of float, which is higher than its peers. This could indicate a more bullish sentiment among investors.
The significant drop in short interest suggests that fewer investors are betting against Nuvve Holding, which could indicate a more positive outlook on the stock. This is further supported by the fact that its short interest is higher than the peer average, suggesting a potential for a bullish sentiment shift.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100