Looking Into Seagate Tech Hldgs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Seagate Tech Hldgs (NYSE:STX) has seen a 5.56% decrease in its short percent of float, now at 6.29%. This suggests a more bullish sentiment compared to its peers, whose average short interest is 6.77%.
October 02, 2024 | 6:15 pm
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Seagate Tech Hldgs has experienced a 5.56% decrease in short interest, now at 6.29% of float. This suggests a more bullish sentiment compared to its peers, whose average short interest is 6.77%.
The decrease in short interest suggests that investors are becoming less bearish on Seagate Tech Hldgs. With a lower short interest compared to its peers, this could indicate a more positive outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100