(POOL) - Analyzing Pool's Short Interest
Portfolio Pulse from Benzinga Insights
Pool Corporation's short interest has decreased by 3.73%, with 3.37 million shares sold short, representing 10.32% of its float. This is higher than its peers' average of 5.90%. The decrease in short interest may indicate a shift in market sentiment.
October 07, 2024 | 1:45 pm
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Pool Corporation's short interest has decreased by 3.73%, with 3.37 million shares sold short, representing 10.32% of its float. This is higher than its peers' average of 5.90%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards Pool Corporation, as fewer investors are betting against the stock. This could be seen as a bullish indicator, especially since Pool's short interest is still higher than its peers, indicating a potential for a short squeeze if positive news arises.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100