Looking Into Grand Canyon Education's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Grand Canyon Education (NYSE:LOPE) has seen an 8.75% increase in short interest, now at 1.74% of its float. This is below the peer group average of 5.46%. Short interest can indicate market sentiment, with higher short interest suggesting bearish views.
October 01, 2024 | 3:30 pm
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Grand Canyon Education's short interest has increased by 8.75%, reaching 1.74% of its float, which is below the peer average of 5.46%. This rise in short interest could indicate a bearish sentiment among investors.
The increase in short interest suggests that more investors are betting against the stock, which could indicate a bearish sentiment. However, the short interest is still below the peer average, which might mitigate the negative impact.
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