How Is The Market Feeling About Hilton Worldwide Holdings?
Portfolio Pulse from Benzinga Insights
Hilton Worldwide Holdings's (NYSE:HLT) short percent of float has risen 6.79% since its last report, with 4.51 million shares sold short, which is 1.73% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Hilton's short interest as a percentage of float is less than its peer group average of 7.90%.
July 20, 2023 | 7:00 pm
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Hilton Worldwide Holdings's short percent of float has increased, indicating a bearish sentiment among investors. However, its short interest is less than its peer group average.
The increase in short percent of float indicates that more investors are betting against Hilton Worldwide Holdings, which could put downward pressure on the stock price. However, the fact that Hilton's short interest is less than its peer group average could mitigate this effect.
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