(BA) - Analyzing Boeing's Short Interest
Portfolio Pulse from Benzinga Insights
Boeing's (NYSE:BA) short percent of float has decreased by 4.0% since its last report, with 8.68 million shares sold short, representing 1.44% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Boeing. Compared to its peers, Boeing has less short interest as a percentage of float, with an average of 3.20%.
July 05, 2023 | 4:31 pm
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Boeing's short interest has decreased, potentially indicating a more bullish sentiment towards the company's stock. Compared to its peers, Boeing has a lower short interest as a percentage of float.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This, combined with the fact that Boeing's short interest is lower than its peers, could potentially have a positive impact on the company's stock price in the short term.
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