Peering Into Atkore's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Atkore's short interest has decreased by 6.11%, with 3.96 million shares sold short, representing 14.75% of its float. This is higher than its peers' average of 9.96%. The decrease in short interest may indicate a more bullish sentiment.
October 07, 2024 | 6:30 pm
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Atkore's short interest has decreased by 6.11%, now at 14.75% of its float, which is higher than its peers' average of 9.96%. This decrease may indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Atkore, which could indicate a more positive outlook on the stock. Additionally, Atkore's short interest remains higher than its peers, which could attract attention from investors looking for potential short squeeze opportunities.
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