(ACMR) - Analyzing ACM Research's Short Interest
Portfolio Pulse from Benzinga Insights
ACM Research's short interest has decreased by 4.67%, with 4.73 million shares sold short, representing 10.21% of its float. This is higher than its peers' average of 6.59%. The decrease in short interest may indicate a shift in market sentiment.
October 18, 2024 | 5:30 pm
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ACM Research's short interest has decreased by 4.67%, now at 10.21% of its float, which is higher than its peers' average. This could indicate a shift in market sentiment towards a more bullish outlook.
The decrease in short interest suggests that traders are less bearish on ACM Research, which could lead to a positive impact on the stock price. The short interest is still higher than peers, indicating potential volatility but also a possible bullish sentiment shift.
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IMPORTANCE 80
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