(CMCSA) - Analyzing Comcast's Short Interest
Portfolio Pulse from Benzinga Insights
Comcast's (NYSE:CMCSA) short percent of float has fallen 11.7% since its last report, with 34.27 million shares sold short, which is 0.83% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Comcast has less short interest as a percentage of float, with an average of 13.65%.
July 18, 2023 | 1:30 pm
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Comcast's short interest has decreased, which could indicate a more bullish sentiment towards the stock. This could potentially lead to an increase 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. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price. Compared to its peers, Comcast has less short interest, which could make it more attractive to investors.
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