(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.
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