Peering Into Eaton Corp's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Eaton Corp's short interest has decreased by 10.08%, with 4.59 million shares sold short, representing 1.16% of its float. This is lower than its peers' average short interest of 10.52%. The decrease in short interest may indicate a more bullish sentiment towards Eaton Corp.
October 03, 2024 | 8:30 pm
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Eaton Corp's short interest has decreased by 10.08%, with 4.59 million shares sold short, representing 1.16% of its float. This is lower than its peers' average short interest of 10.52%. The decrease in short interest may indicate a more bullish sentiment towards Eaton Corp.
The decrease in short interest suggests that investors are less bearish on Eaton Corp, which could lead to a positive short-term impact on the stock price. The company's short interest is also significantly lower than its peers, which may further support a bullish sentiment.
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