How Is The Market Feeling About Baidu?
Portfolio Pulse from Benzinga Insights
Baidu's (NYSE:BIDU) short percent of float has fallen 7.57% since its last report, with 4.72 million shares sold short, which is 1.71% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Baidu. Compared to its peers, Baidu has less short interest as a percentage of float, with an average of 6.76%.
July 20, 2023 | 7:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Baidu. It 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. Baidu's short interest has decreased, which could indicate a more bullish sentiment. Additionally, Baidu has less short interest compared to its peers, which could be a positive sign.
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