How Is The Market Feeling About Star Bulk Carriers?
Portfolio Pulse from Benzinga Insights
Star Bulk Carriers (NYSE:SBLK) has seen a 21.76% decrease in its short percent of float, now at 1.51%. This is lower than its peers' average of 3.05%. The reduced short interest may indicate a more bullish sentiment towards the stock.
October 10, 2024 | 4:00 pm
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Star Bulk Carriers has experienced a significant decrease in short interest, now at 1.51% of float, which is below the peer average of 3.05%. This could suggest a more bullish market sentiment.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, SBLK's short interest is lower than its peers, further indicating a relatively positive outlook.
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