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To: Sun Tzu who wrote (8948)	10/11/2024 3:31:23 PM
From: Sun Tzu	Respond to of 10744

(NFE) - Analyzing New Fortress Energy's Short Interest Benzinga - 2:15 PM ET 10/11/2024Investment News New Fortress Energy's ( NFE ) short percent of float has fallen 39.61% since its last report. The company recently reported that it has 24.76 million shares sold short, which is 19.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.83 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks New Fortress Energy Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for New Fortress Energy ( NFE ) has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing New Fortress Energy's Short Interest Against Its PeersPeer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro, New Fortress Energy's ( NFE ) peer group average for short interest as a percentage of float is 4.33%, which means the company has more short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor

To: Sun Tzu who wrote (8948)	12/4/2024 7:11:25 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 10744

Market Chatter: New Fortress Energy's Jamaica LNG Assets Eyed by Vitol, GlencoreMT Newswires - 1:00 PM ET 12/4/2024Investment News 01:00 PM EST, 12/04/2024 (MT Newswires) -- Vitol Group and Glencore are considering acquiring the Jamaican liquified natural gas assets of New Fortress Energy ( NFE ) , Bloomberg reported Wednesday, citing people familiar with the matter. New Fortress did not immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 11.18, Change: +0.63, Percent Change: +5.92