How Is The Market Feeling About Arcadium Lithium?
Portfolio Pulse from Benzinga Insights
Arcadium Lithium (NYSE:ALTM) has seen a 6.81% decrease in its short percent of float, now at 7.94%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Compared to its peers, Arcadium has a higher short interest percentage.
October 31, 2024 | 5:00 pm
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Arcadium Lithium's short percent of float has decreased by 6.81%, now at 7.94%, indicating a potential shift in market sentiment. This could suggest a less bearish outlook from investors.
The decrease in short interest suggests that investors may be less bearish on Arcadium Lithium, potentially leading to a positive short-term impact on the stock price. The company's short interest is still higher than its peers, but the reduction is a positive sign.
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