(CWST) - Analyzing Casella Waste Sys's Short Interest
Portfolio Pulse from Benzinga Insights
Casella Waste Systems (NYSE:CWST) has seen a decrease in its short interest by 18.77%, with 1.79 million shares sold short, representing 2.9% of its float. This is lower than the peer group average of 3.37%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 31, 2024 | 4:00 pm
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Casella Waste Systems has experienced an 18.77% decrease in short interest, now at 2.9% of its float, which is below the peer average of 3.37%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, the short interest is below the peer average, further indicating a relatively positive outlook compared to its peers.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100