(MBLY) - Analyzing Mobileye Global's Short Interest
Portfolio Pulse from Benzinga Insights
Mobileye Global's (NYSE:MBLY) short percent of float has fallen 55.13% since its last report, with 14.39 million shares sold short, which is 21.68% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, compared to its peers, Mobileye Global has a higher short interest as a percentage of float (4.83%).
July 06, 2023 | 1:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The decrease in short interest could indicate a more bullish sentiment towards Mobileye Global's stock. However, the company has a higher short interest compared to its peers, which could indicate potential volatility.
A decrease in short interest generally indicates a more bullish sentiment towards a stock as fewer traders are betting on its price to fall. However, Mobileye Global's higher short interest compared to its peers could indicate potential volatility as it suggests more traders are betting against the stock compared to other similar companies.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100