(NI) - Analyzing NiSource's Short Interest
Portfolio Pulse from Benzinga Insights
NiSource's short interest has decreased by 43.21%, with 8.22 million shares sold short, representing 2.09% of its float. This is lower than its peers' average of 2.81%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 08, 2024 | 6:45 pm
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NiSource's short interest has decreased significantly, suggesting a potential shift in market sentiment towards a more bullish outlook. The current short interest is 2.09% of the float, which is lower than the peer average of 2.81%.
The significant decrease in short interest suggests that traders are less bearish on NiSource, which could lead to a positive short-term impact on the stock price. The short interest is also lower than the peer average, further indicating a potential bullish sentiment.
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