Looking Into Northrop Grumman's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Northrop Grumman's (NYSE:NOC) short percent of float has risen 8.43% since its last report, with 1.37 million shares sold short, which is 0.9% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, Northrop Grumman has less short interest.

July 12, 2023 | 8:30 pm
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The increase in short interest in Northrop Grumman's shares indicates a bearish market sentiment, which could potentially lead to a decrease in the stock's price in the short term.
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, which could potentially lead to a decrease in the stock's price. However, it's important to note that Northrop Grumman has less short interest compared to its peers, which could mitigate some of the potential negative impact.
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