(AC) - Analyzing Associated Cap Gr's Short Interest
Portfolio Pulse from Benzinga Insights
Associated Cap Gr's short interest has increased by 5.66%, with 1.68% of its float sold short. This is below the peer average of 2.42%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
September 26, 2024 | 7:45 pm
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Associated Cap Gr's short interest has increased by 5.66%, now at 1.68% of its float. This is lower than the peer average of 2.42%, suggesting less bearish sentiment compared to peers. The increase in short interest could indicate a bearish outlook, but it doesn't necessarily predict a price decline.
The increase in short interest suggests a bearish sentiment, but since it's below the peer average, it indicates relatively less concern compared to peers. The short interest level alone doesn't predict immediate price movement.
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