(GNRC) - Analyzing Generac Hldgs's Short Interest
Portfolio Pulse from Benzinga Insights
Generac Holdings (NYSE:GNRC) has seen a 6.57% increase in its short percent of float, now at 5.35% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 11.65%.
October 15, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Generac Holdings has experienced a 6.57% increase in short interest, now at 5.35% of its float. This suggests a rise in bearish sentiment, but the short interest is still below the peer average of 11.65%.
The increase in short interest suggests that investors are becoming more bearish on Generac Holdings. However, the short interest is still below the peer average, which may mitigate the negative impact. The short interest data indicates potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100