Peering Into Walt Disney's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Walt Disney's (NYSE:DIS) short percent of float has fallen 14.62% since its last report, with 20.20 million shares sold short, which is 1.11% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Disney has less short interest, with the average for its peer group being 10.70%.

July 06, 2023 | 8:16 pm
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Decrease in short interest could indicate a more bullish sentiment towards Disney's stock. The company's short interest is also lower than its peer group average.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. In Disney's case, the short percent of float has fallen 14.62%, which could indicate a more bullish sentiment. Additionally, Disney's short interest is lower than its peer group average, which could further indicate a positive sentiment towards the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100