Looking Into Boeing's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Boeing's (NYSE:BA) short percent of float has fallen 7.64% since its last report, with 7.99 million shares sold short, which is 1.33% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Boeing. Compared to its peers, Boeing has less short interest as a percentage of float, with an average of 3.49%.
July 21, 2023 | 6:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Boeing's stock.
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. In Boeing's case, the short percent of float has fallen 7.64%, which could indicate a shift in market sentiment towards a more bullish stance.
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