(CARR) - Analyzing Carrier Global's Short Interest
Portfolio Pulse from Benzinga Insights
Carrier Global's short interest has decreased by 15.95%, with 11.12 million shares sold short, representing 1.95% of its float. This is lower than the peer average of 3.95%, indicating a relatively bullish sentiment. It would take 2.89 days to cover these positions.
October 21, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Carrier Global's short interest has decreased significantly, indicating a more bullish sentiment compared to its peers. With only 1.95% of its float shorted, it suggests less bearish pressure on the stock.
The decrease in short interest by 15.95% suggests that investors are less bearish on Carrier Global. With a short interest of 1.95%, which is below the peer average of 3.95%, it indicates a relatively positive market sentiment. This could lead to a short-term price increase as the bearish pressure is reduced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100