(ACN) - Analyzing Accenture's Short Interest
Portfolio Pulse from Benzinga Insights
Accenture's short interest has decreased by 4.0%, with 6.03 million shares sold short, representing 0.96% of its float. This is lower than the peer group average of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards Accenture.
October 24, 2024 | 8:30 pm
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Accenture's short interest has decreased by 4.0%, with 6.03 million shares sold short, representing 0.96% of its float. This is lower than the peer group average of 4.31%. The decrease in short interest may indicate a more bullish sentiment towards Accenture.
The decrease in short interest suggests that investors are less bearish on Accenture compared to its peers, which could lead to a positive short-term impact on its stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
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