(JPM) - Analyzing JPMorgan Chase's Short Interest
Portfolio Pulse from Benzinga Insights
JPMorgan Chase's short percent of float has fallen 10.94% since its last report, with 16.54 million shares sold short, which is 0.57% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards JPMorgan Chase. Compared to its peers, JPMorgan Chase has less short interest as a percentage of float, with an average of 0.98%.
July 19, 2023 | 1:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards JPMorgan Chase.
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 price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100