(UCTT) - Analyzing Ultra Clean Hldgs's Short Interest
Portfolio Pulse from Benzinga Insights
Ultra Clean Holdings (NYSE:UCTT) has seen a 4.79% decrease in its short percent of float, now at 1.79%. This is lower than its peers' average of 6.87%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 07, 2024 | 4:15 pm
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Ultra Clean Holdings has experienced a 4.79% decrease in short interest, now at 1.79% of float, which is below the peer average of 6.87%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against UCTT, which can be interpreted as a sign of increased confidence in the stock. Additionally, UCTT's short interest is significantly lower than its peers, which may further indicate a positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100