(ENTG) - Analyzing Entegris's Short Interest
Portfolio Pulse from Benzinga Insights
Entegris (NYSE:ENTG) has seen a 3.83% decrease in its short percent of float, now at 3.52%. This is lower than its peers' average of 6.87%. It would take traders 2.81 days to cover their short positions. A decrease in short interest can indicate a more bullish sentiment.
October 24, 2024 | 8:00 pm
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Entegris's short interest has decreased by 3.83%, now at 3.52%, which is below the peer average of 6.87%. This could indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Entegris compared to its peers, which could lead to a positive short-term impact on the stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
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