Looking Into CSX's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CSX's short percent of float has fallen 15.84% since its last report, with 17.16 million shares sold short, which is 0.85% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards CSX. However, CSX's short interest as a percentage of float is higher than its peer group average of 0.79%.
July 18, 2023 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CSX's short interest has decreased, potentially indicating a more bullish sentiment. However, its short interest is higher than its peer group average.
A decrease in short interest can indicate a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. However, CSX's short interest is higher than its peer group average, which could indicate that traders are more bearish on CSX compared to its peers.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100