How Is The Market Feeling About TransDigm Gr?
Portfolio Pulse from Benzinga Insights
TransDigm Group's short interest has increased by 4.62%, with 767,000 shares sold short, representing 1.81% of its float. This is below the peer group average of 2.94%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
October 17, 2024 | 8:15 pm
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TransDigm Group's short interest has increased by 4.62%, with 767,000 shares sold short, representing 1.81% of its float. This is below the peer group average of 2.94%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest indicates a bearish sentiment among investors, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be limited.
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