How Is The Market Feeling About Williams Companies?
Portfolio Pulse from Benzinga Insights
Williams Companies (NYSE:WMB) has seen a rise in its short percent of float by 6.38% since its last report, with 21.73 million shares sold short, representing 2.0% of all regular shares available for trading. This could indicate a bearish market sentiment towards the stock. However, compared to its peers, Williams Companies has less short interest as a percentage of float, which is 3.54% on average.
July 12, 2023 | 5:30 pm
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The rise in short interest in Williams Companies could indicate a bearish sentiment towards the stock. However, its short interest is less than its peers' average, which could be a positive sign.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. An increase in short interest can signal that investors have become more bearish, while a decrease can signal they have become more bullish. In the case of Williams Companies, the increase in short interest could indicate a bearish sentiment. However, when compared to its peers, Williams Companies has less short interest, which could be seen as a positive sign.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100