Peering Into Lowe's Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lowe's Companies (NYSE:LOW) has seen a 12.78% decrease in its short percent of float, now at 1.16% of available shares. This is lower than its peers' average of 5.76%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 14, 2024 | 1:45 pm
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Lowe's Companies has experienced a 12.78% decrease in short interest, now at 1.16% of float, which is below the peer average of 5.76%. This may suggest a more bullish sentiment among investors.
The decrease in short interest suggests that investors are less bearish on Lowe's, which could lead to a positive impact on the stock price. The fact that Lowe's short interest is below the peer average further supports a potential bullish sentiment.
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