(GSK) - Analyzing GSK's Short Interest
Portfolio Pulse from Benzinga Insights
GSK's short percent of float has risen 18.75% since its last report, with 3.84 million shares sold short, which is 0.19% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, GSK's peer group average for short interest as a percentage of float is 3.56%, which means the company has less short interest than most of its peers.
July 07, 2023 | 6:17 pm
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GSK's short interest has increased, indicating a bearish sentiment among investors. However, it's less than its peers' average.
The increase in short interest indicates that more investors are betting against GSK, which could put downward pressure on the stock price. However, the fact that GSK's short interest is less than its peers' average could mean that it's not as heavily shorted as other companies in its industry, potentially limiting the downside.
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IMPORTANCE 75
RELEVANCE 100