(MUSA) - Analyzing Murphy USA's Short Interest
Portfolio Pulse from Benzinga Insights
Murphy USA's short interest has decreased by 4.02%, with 1.19 million shares sold short, representing 6.44% of its float. This is lower than the peer group average of 12.17%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
November 01, 2024 | 8:30 pm
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Murphy USA's short interest has decreased by 4.02%, with 1.19 million shares sold short, representing 6.44% of its float. This is lower than the peer group average of 12.17%. 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 Murphy USA compared to its peers, which could lead to a positive short-term impact on the stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100