How Is The Market Feeling About Sempra?
Portfolio Pulse from Benzinga Insights
Sempra's short interest has decreased by 5.24%, with 11.35 million shares sold short, representing 1.99% of its float. This is lower than its peers' average of 2.74%. The decrease in short interest may indicate a more bullish sentiment towards Sempra.
October 18, 2024 | 7:30 pm
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Sempra's short interest has decreased by 5.24%, now at 1.99% of its float, which is below the peer average of 2.74%. This reduction may suggest a more bullish market sentiment towards Sempra.
The decrease in short interest suggests that fewer investors are betting against Sempra, which can be interpreted as a sign of increased confidence in the stock. This is further supported by the fact that Sempra's short interest is below the peer average, indicating relatively stronger sentiment compared to its peers.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100