Peering Into Axcelis Technologies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Axcelis Technologies (NYSE:ACLS) has seen a 14.48% decrease in its short percent of float, now at 8.09%. This indicates a potential shift in market sentiment as fewer shares are being shorted. The company's short interest is higher than its peers, which average 6.78%.
November 01, 2024 | 7:00 pm
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Axcelis Technologies has experienced a 14.48% decrease in short interest, now at 8.09% of float. This suggests a potential shift in market sentiment as fewer shares are being shorted compared to the previous report.
The decrease in short interest suggests that traders are less bearish on Axcelis Technologies, which could lead to a positive short-term impact on the stock price. The short interest is still higher than its peers, but the reduction indicates a potential shift in sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100