Peering Into Saia's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Saia's short interest has decreased by 4.34%, with 10.59% of its float sold short. This is higher than its peers' average of 4.26%. It would take 5.91 days to cover these positions. A decrease in short interest can indicate a more bullish sentiment.
September 26, 2024 | 1:00 pm
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Saia's short interest has decreased by 4.34%, now at 10.59% of its float, which is higher than the peer average of 4.26%. This decrease could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards a more bullish outlook for Saia. With short interest still above the peer average, it indicates that while sentiment may be improving, there is still significant bearish sentiment compared to peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100