Peering Into Lockheed Martin's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lockheed Martin's short interest has increased by 3.39%, with 2.40 million shares sold short, representing 1.22% of its float. This is below the peer group average of 3.10%. The increase in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 28, 2024 | 7:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Lockheed Martin's short interest has increased by 3.39%, with 2.40 million shares sold short, representing 1.22% of its float. This is below the peer group average of 3.10%. The increase in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since the short interest is still below the peer average, it doesn't necessarily indicate an imminent price drop. The market sentiment is mixed, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100