Peering Into ATI's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ATI's short interest has decreased by 54.56%, with 2.30 million shares sold short, representing 3.19% of its float. This is lower than its peers' average short interest of 5.23%. The decrease in short interest may indicate a more bullish sentiment towards ATI.
October 07, 2024 | 4:30 pm
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ATI's short interest has significantly decreased, suggesting a potential shift in market sentiment towards a more bullish outlook. With 3.19% of its float shorted, ATI is below the peer average of 5.23%, indicating less bearish sentiment compared to its peers.
The significant decrease in short interest suggests that traders are less bearish on ATI, which could lead to a positive impact on the stock price. The fact that ATI's short interest is below the peer average further supports a potential bullish sentiment.
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IMPORTANCE 80
RELEVANCE 100