(SSD) - Analyzing Simpson Manufacturing Co's Short Interest
Portfolio Pulse from Benzinga Insights
Simpson Manufacturing Co's short interest has decreased by 9.52%, with 3.04% of shares sold short. This is lower than the peer group average of 3.93%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 15, 2024 | 7:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Simpson Manufacturing Co's short interest has decreased by 9.52%, indicating a potential shift towards a more bullish sentiment. The current short interest is 3.04%, which is below the peer group average of 3.93%.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, the short interest is lower than the peer average, further supporting a potentially bullish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100