(HWM) - Analyzing Howmet Aerospace's Short Interest
Portfolio Pulse from Benzinga Insights
Howmet Aerospace's short interest has decreased by 4.76%, with 7.90 million shares sold short, representing 2.2% of its float. This is lower than its peers' average short interest of 3.12%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
November 01, 2024 | 4:45 pm
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Howmet Aerospace's short interest has decreased by 4.76%, with 7.90 million shares sold short, representing 2.2% of its float. This is lower than its peers' average short interest of 3.12%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Howmet Aerospace compared to before. With short interest lower than its peers, this could indicate a more positive outlook on the stock, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100