(HEI) - Analyzing Heico's Short Interest
Portfolio Pulse from Benzinga Insights
Heico's short interest has decreased by 9.17%, with 1.92 million shares sold short, representing 4.26% of its float. This is higher than its peers' average of 2.75%. The decrease in short interest may indicate a more bullish sentiment.
October 07, 2024 | 6:15 pm
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Heico's short interest has decreased by 9.17%, with 1.92 million shares sold short, representing 4.26% of its float. This is higher than its peers' average of 2.75%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although Heico's short interest is still higher than its peers, the reduction could lead to upward pressure on the stock price as fewer investors are betting against it.
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