Looking Into Charter Communications's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Charter Communications (NYSE:CHTR) has seen a 4.94% increase in its short percent of float, now at 12.95%. This indicates a bearish sentiment compared to its peers, whose average short interest is 8.62%. It would take traders 7.38 days to cover their short positions.
October 14, 2024 | 5:00 pm
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Charter Communications has experienced a 4.94% increase in short interest, now at 12.95% of its float, indicating a bearish sentiment. This is higher than its peers' average short interest of 8.62%.
The increase in short interest suggests a bearish sentiment among investors, which could lead to downward pressure on the stock price. The fact that Charter's short interest is higher than its peers further emphasizes this sentiment.
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