Looking Into Intuit's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Intuit's (NYSE:INTU) short percent of float has fallen 4.03% since its last report, with 3.25 million shares sold short, which is 1.19% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Intuit. Compared to its peers, Intuit has less short interest as a percentage of float, with an average of 3.40%.
July 18, 2023 | 8:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Intuit. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Intuit's short interest has decreased, which could indicate a more bullish sentiment. Additionally, compared to its peers, Intuit has less short interest, which could be a positive sign.
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