(EQNR) - Analyzing Equinor's Short Interest
Portfolio Pulse from Benzinga Insights
Equinor's (NYSE:EQNR) short percent of float has fallen 18.52% since its last report, with 6.89 million shares sold short, which is 0.22% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Equinor has less short interest.
July 07, 2023 | 3:16 pm
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Equinor's short interest has decreased, potentially indicating a more bullish sentiment towards the stock.
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 Equinor's stock price in the short term.
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