(HSBC) - Analyzing HSBC Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
HSBC Holdings' short percent of float has risen 8.33% since its last report, with 10.13 million shares sold short, representing 0.26% of all regular shares available for trading. It would take traders 7.35 days on average to cover their short positions. An increase in short interest can indicate a bearish market sentiment. However, HSBC's short interest as a percentage of float is less than its peer group average of 1.01%.

July 07, 2023 | 8:16 pm
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HSBC's short interest has increased, indicating a bearish sentiment. However, its short interest is less than its peer group average, which could be a positive sign.
An increase in short interest usually indicates a bearish sentiment towards a stock. However, HSBC's short interest is less than its peer group average, which could mean that the market is less bearish on HSBC compared to its peers. This could potentially limit any downward pressure on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100