Peering Into Star Bulk Carriers's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Star Bulk Carriers (NYSE:SBLK) has seen a 14.57% decrease in its short percent of float, now at 1.29%. This is lower than its peers' average of 3.16%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 28, 2024 | 6:00 pm
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Star Bulk Carriers has experienced a significant decrease in short interest, now at 1.29% of float, which is below the peer average. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, SBLK's short interest is lower than its peers, further supporting a potential bullish outlook.
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