How Is The Market Feeling About CME Gr?
Portfolio Pulse from Benzinga Insights
CME Group's (NYSE:CME) short percent of float has decreased by 17.14% since its last report, with 4.15 million shares sold short, representing 1.16% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards CME Group. Compared to its peers, CME Group has less short interest as a percentage of float, with an average of 4.47%.
July 05, 2023 | 2:16 pm
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CME Group's short percent of float has decreased, indicating a potentially more bullish market sentiment. This could lead to a positive impact on the company's stock price in the short term.
A decrease in short interest can signal that investors have become more bullish on a stock. This means that they expect the stock's price to rise, which could lead to an increase in buying activity and, consequently, a rise in the stock's price. Given that CME Group's short percent of float has decreased, this could indicate a more bullish sentiment towards the company, potentially leading to a positive impact on its stock price in the short term.
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