(NA) - Analyzing Nano Labs's Short Interest
Portfolio Pulse from Benzinga Insights
Nano Labs (NYSE:NA) has seen a 13.33% decrease in its short interest, with 41,000 shares sold short, representing 0.13% of its float. This is lower than its peers' average short interest of 5.74%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 30, 2024 | 5:30 pm
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Nano Labs has experienced a 13.33% decrease in short interest, now at 0.13% of its float, which is significantly lower than its peers' average of 5.74%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Nano Labs, which could indicate a shift towards a more positive outlook on the stock. This is further supported by the fact that its short interest is significantly lower than the average of its peers, potentially making it more attractive to investors.
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