(ALSN) - Analyzing Allison Transmission's Short Interest
Portfolio Pulse from Benzinga Insights
Allison Transmission's short interest has decreased by 8.25%, with 1.19 million shares sold short, representing 1.78% of its float. This is lower than its peers' average short interest of 5.95%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 04, 2024 | 3:00 pm
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Allison Transmission's short interest has decreased by 8.25%, with 1.19 million shares sold short, representing 1.78% of its float. This is lower than its peers' average short interest of 5.95%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Allison Transmission, which could indicate a shift towards a more positive market sentiment. Additionally, the company's short interest is significantly lower than its peers, which may further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100