How Is The Market Feeling About Aspen Aerogels?
Portfolio Pulse from Benzinga Insights
Aspen Aerogels (NYSE:ASPN) has seen an 8.66% increase in its short percent of float, now at 10.66%. This indicates a bearish sentiment compared to its peers, whose average short interest is 3.13%. It would take traders 3.7 days to cover their short positions.
October 01, 2024 | 1:45 pm
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Aspen Aerogels has experienced an increase in short interest to 10.66%, indicating a bearish market sentiment. This is significantly higher than its peers' average of 3.13%, suggesting potential volatility.
The increase in short interest to 10.66% suggests that investors are bearish on Aspen Aerogels, especially since this figure is much higher than the peer average of 3.13%. This could lead to increased volatility in the stock price as traders may anticipate a decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100