Peering Into Equifax's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Equifax's (NYSE:EFX) short percent of float has risen 5.7% since its last report, with 4.82 million shares sold short, which is 4.45% of all regular shares available for trading. It would take traders 6.58 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Equifax's peer group average for short interest as a percentage of float is 3.87%, indicating the company has more short interest than most of its peers.
July 07, 2023 | 2:16 pm
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Equifax's short percent of float has increased, indicating a potential bearish sentiment among investors. The company has more short interest than most of its peers.
An increase in short interest can indicate a bearish sentiment among investors, as they are betting on the stock's price to fall. Equifax's short interest is higher than most of its peers, which could potentially put downward pressure on the stock price in the short term.
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