How Is The Market Feeling About BlackRock?
Portfolio Pulse from Benzinga Insights
BlackRock's (NYSE:BLK) short percent of float has fallen 12.68% since its last report, indicating a more bullish sentiment towards the stock. The company has 1.84 million shares sold short, which is 1.24% of all regular shares available for trading. Compared to its peers, BlackRock has less short interest as a percentage of float, with an average of 3.16%.

July 24, 2023 | 1:00 pm
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BlackRock's decreased short percent of float suggests a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in demand for the stock, and subsequently, an increase in its price.
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