Looking Into S&P Global's Recent Short Interest
Portfolio Pulse from Benzinga Insights
S&P Global's (NYSE:SPGI) short percent of float has fallen 15.2% since its last report, with 3.39 million shares sold short, which is 1.06% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, S&P Global has less short interest as a percentage of float, with an average of 4.36%.
July 25, 2023 | 6:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards S&P Global.
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. As such, the decrease in short interest for S&P Global could potentially lead to an increase in its stock price in the short term.
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