How Is The Market Feeling About Waste Management?
Portfolio Pulse from Benzinga Insights
Waste Management's short interest has decreased by 6.1%, with 3.09 million shares sold short, representing 0.77% of its float. This is lower than the peer group average of 3.46%, indicating a relatively bullish sentiment towards the stock.
October 30, 2024 | 2:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Waste Management's short interest has decreased by 6.1%, with 3.09 million shares sold short, representing 0.77% of its float. This is lower than the peer group average of 3.46%, indicating a relatively bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Waste Management 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 bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100