(EME) - Analyzing EMCOR Group's Short Interest
Portfolio Pulse from Benzinga Insights
EMCOR Group's short interest has decreased by 7.69%, with 950,000 shares sold short, representing 2.64% of its float. This is lower than the peer group average of 5.49%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 26, 2024 | 3:15 pm
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EMCOR Group's short interest has decreased by 7.69%, with 950,000 shares sold short, representing 2.64% of its float. This is lower than the peer group average of 5.49%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against EMCOR Group, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that EMCOR's short interest is below the peer average, potentially making it more attractive to investors.
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