(LEVI) - Analyzing Levi Strauss's Short Interest
Portfolio Pulse from Benzinga Insights
Levi Strauss's short interest has decreased by 7.55%, with 5.91 million shares sold short, representing 6.0% of its float. This is lower than the peer average of 9.68%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 08, 2024 | 7:15 pm
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Levi Strauss's short interest has decreased by 7.55%, with 5.91 million shares sold short, representing 6.0% of its float. This is lower than the peer average of 9.68%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Levi Strauss, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Levi's short interest is below the peer average, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100