(APTV) - Analyzing Aptiv's Short Interest
Portfolio Pulse from Benzinga Insights
Aptiv's (NYSE:APTV) short percent of float has fallen 48.45% since its last report, with 3.19 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 Aptiv. Compared to its peers, Aptiv has less short interest as a percentage of float, with an average of 5.72% for its peer group.
July 24, 2023 | 2:30 pm
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POSITIVE IMPACT
A decrease in short interest could indicate a more bullish sentiment towards Aptiv. This, combined with the fact that Aptiv has less short interest than most of its peers, could potentially impact the stock positively in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could lead to an increase in stock price. Additionally, having less short interest than its peers could make Aptiv more attractive to investors.
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