How Is The Market Feeling About ACM Research?
Portfolio Pulse from Benzinga Insights
ACM Research (NYSE:ACMR) has seen a 7.85% increase in its short percent of float, now at 10.71%. This indicates a bearish sentiment compared to its peers, whose average short interest is 6.49%. It would take traders 4.81 days to cover their short positions.
September 30, 2024 | 5:45 pm
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ACM Research's short interest has increased to 10.71%, indicating a bearish sentiment compared to its peers. This could lead to increased volatility in the stock price.
The increase in short interest to 10.71% suggests that investors are more bearish on ACM Research compared to its peers, whose average short interest is 6.49%. This could lead to downward pressure on the stock price as more investors bet against it. The time to cover short positions is 4.81 days, indicating potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100