How Is The Market Feeling About Celsius Holdings?
Portfolio Pulse from Benzinga Insights
Celsius Holdings (NYSE:CELH) has seen a 9.31% decrease in its short percent of float, now at 11.79%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Despite this, CELH still has higher short interest compared to its peers, which average 6.05%.
October 18, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Celsius Holdings has experienced a 9.31% decrease in short interest, now at 11.79% of float. This suggests a potential shift in market sentiment as fewer shares are being shorted, although CELH still has higher short interest than its peers.
The decrease in short interest suggests that traders are less bearish on CELH, which could lead to a positive short-term price movement. However, the stock still has a higher short interest compared to its peers, indicating that some bearish sentiment remains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100