Peering Into BBVA's Recent Short Interest
Portfolio Pulse from Benzinga Insights
BBVA's short percent of float has decreased by 14.29% since its last report, with 3.53 million shares sold short, representing 0.06% of all regular shares available for trading. It would take traders 4.18 days on average to cover their short positions. The decrease in short interest could signal a more bullish sentiment towards BBVA. Compared to its peers, BBVA has less short interest as a percentage of float, with an average of 1.01%.
July 13, 2023 | 1:15 pm
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BBVA's short interest has decreased, which could indicate a more bullish sentiment towards the stock. Compared to its peers, BBVA has less short interest.
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 BBVA's stock price in the short term. Furthermore, BBVA's short interest is less than its peers, which could make it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100