How Is The Market Feeling About CACI International?
Portfolio Pulse from Benzinga Insights
CACI International's short interest has increased by 5.81%, with 178,000 shares sold short, representing 0.91% of its float. This is lower than its peers' average of 2.77%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 14, 2024 | 5:15 pm
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CACI International's short interest has increased by 5.81%, with 178,000 shares sold short, representing 0.91% of its float. This is lower than its peers' average of 2.77%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since CACI's short interest is still below the peer average, the impact on the stock price may be neutral in the short term. The market sentiment is mixed, and the stock price may not necessarily decline.
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