Peering Into EQT's Recent Short Interest
Portfolio Pulse from Benzinga Insights
EQT's short interest has decreased by 5.76%, with 19.30 million shares sold short, representing 3.93% of its float. This is lower than its peers' average short interest of 6.63%. A decrease in short interest can indicate a more bullish sentiment.
September 30, 2024 | 8:45 pm
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EQT's short interest has decreased by 5.76%, with 19.30 million shares sold short, representing 3.93% of its float. This is lower than its peers' average short interest of 6.63%. A decrease in short interest can indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. With EQT's short interest lower than its peers, it indicates relatively less bearish sentiment compared to similar companies. This could lead to a positive short-term impact on EQT's stock price.
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