Peering Into Activision Blizzard's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Activision Blizzard's (NYSE:ATVI) short percent of float has fallen 15.92% since its last report, with 18.94 million shares sold short, which is 2.43% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, Activision Blizzard has less short interest.
July 07, 2023 | 1:01 pm
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Activision Blizzard's short interest has decreased, potentially indicating a more bullish sentiment towards the stock. It also has less short interest compared to its peers.
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 could potentially lead to an increase in the stock's price in the short term. Additionally, having less short interest compared to its peers could make Activision Blizzard more attractive to investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100