Looking Into General Dynamics's Recent Short Interest
Portfolio Pulse from Benzinga Insights
General Dynamics' (NYSE:GD) short percent of float has risen 13.59% since its last report, with 2.87 million shares sold short, representing 1.17% of all regular shares available for trading. The company's peer group average for short interest as a percentage of float is 3.55%.
May 19, 2023 | 4:46 pm
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General Dynamics' short interest has increased 13.59% since its last report, with 2.87 million shares sold short. The company's peer group average for short interest is 3.55%.
The increase in short interest for General Dynamics indicates that some investors are bearish on the stock. However, the company's short interest as a percentage of float is still lower than its peer group average, suggesting that it may not be as negatively impacted as other companies in the same industry. The short-term impact on the stock price is uncertain, as the increase in short interest does not necessarily mean the stock will fall in the near-term.
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