(SEDG) - Analyzing SolarEdge Technologies's Short Interest
Portfolio Pulse from Benzinga Insights
SolarEdge Technologies (NYSE:SEDG) has seen an 8.62% increase in its short percent of float, now at 39.19%. This high short interest compared to peers may indicate bearish sentiment, but could also present a bullish opportunity if the stock price rises.

September 30, 2024 | 5:30 pm
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SolarEdge Technologies has a high short interest of 39.19%, significantly above its peers' average of 5.31%. This suggests bearish sentiment but also potential for a short squeeze if the stock price rises.
The increase in short interest to 39.19% suggests bearish sentiment, as more investors are betting against the stock. However, this high level of short interest compared to peers could lead to a short squeeze if the stock price rises, creating a potential bullish scenario.
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