Looking Into Netflix's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Netflix's (NYSE:NFLX) short percent of float has risen 10.53% since its last report, with 10.12 million shares sold short, which is 2.31% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Netflix's short interest is less than its peer group average of 10.65%.
July 03, 2023 | 1:45 pm
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Netflix's short percent of float has increased, indicating a bearish sentiment. However, its short interest is less than its peer group average.
An increase in short interest can indicate a bearish sentiment towards a stock. However, Netflix's short interest is less than its peer group average, which could mean that the market sentiment towards Netflix is not as bearish as it is towards its peers.
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