(MAXN) - Analyzing Maxeon Solar Technologies's Short Interest
Portfolio Pulse from Benzinga Insights
Maxeon Solar Technologies (NYSE:MAXN) has seen a 27.01% decrease in its short percent of float, now at 7.73%. This is higher than its peers' average of 3.96%. The decrease in short interest may indicate a more bullish sentiment.
October 01, 2024 | 4:00 pm
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Maxeon Solar Technologies has experienced a 27.01% decrease in short interest, now at 7.73% of float, which is higher than its peers' average of 3.96%. This could indicate a shift towards a more bullish market sentiment.
The significant decrease in short interest suggests that traders are less bearish on MAXN, which could lead to a positive short-term price movement. The fact that MAXN's short interest is still higher than its peers indicates that there is room for further sentiment improvement.
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