(EA) - Analyzing Electronic Arts's Short Interest
Portfolio Pulse from Benzinga Insights
Electronic Arts's (NYSE:EA) short percent of float has fallen 10.97% since its last report, with 5.72 million shares sold short, which is 2.11% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EA. Compared to its peers, EA has less short interest as a percentage of float, with an average of 3.68%.
July 07, 2023 | 1:01 pm
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The decrease in short interest in Electronic Arts could indicate a more bullish sentiment in the market, potentially impacting the stock positively in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could lead to an increase in the stock's price. As such, the decrease in short interest in EA could potentially have a positive impact on its stock in the short term.
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IMPORTANCE 75
RELEVANCE 100