(MBLY) - Analyzing Mobileye Global's Short Interest
Portfolio Pulse from Benzinga Insights
Mobileye Global's (NYSE:MBLY) short percent of float has decreased by 4.89% since its last report, with 13.69 million shares sold short, representing 20.62% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, compared to its peers, Mobileye Global has a higher short interest as a percentage of float, which stands at 4.88% on average.
July 24, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Mobileye Global's short interest has decreased, potentially indicating a more bullish sentiment. However, its short interest is higher than its peers' average.
A decrease in short interest could indicate a more bullish sentiment towards the stock, which could potentially lead to an increase in its price. However, the fact that Mobileye Global's short interest is higher than its peers' average could also indicate a higher risk, which could potentially have a negative impact on its price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100