(INHD) - Analyzing Inno Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
Inno Holdings (NYSE:INHD) has seen a significant increase in short interest, rising 258.33% since its last report. The company now has 34,000 shares sold short, representing 6.45% of its float. This is higher than the peer group average of 4.08%.
October 30, 2024 | 3:00 pm
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Inno Holdings has experienced a 258.33% increase in short interest, with 6.45% of its float shorted. This suggests a bearish sentiment among investors, as the short interest is higher than its peers.
The significant increase in short interest indicates that investors are more bearish on Inno Holdings compared to its peers. This could lead to downward pressure on the stock price in the short term.
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