How Is The Market Feeling About General Dynamics?
Portfolio Pulse from Benzinga Insights
General Dynamics (NYSE:GD) has seen a 53.06% increase in its short percent of float, now at 1.5% of available shares. This indicates a more bearish sentiment compared to its peers, whose average short interest is 2.96%.
October 14, 2024 | 7:15 pm
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General Dynamics has experienced a significant increase in short interest, rising by 53.06% to 1.5% of its float. This suggests a bearish sentiment among investors, although its short interest remains below the peer average of 2.96%.
The increase in short interest suggests that investors are more bearish on General Dynamics, which could lead to downward pressure on the stock price. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100