How Is The Market Feeling About Electronic Arts?
Portfolio Pulse from Benzinga Insights
Electronic Arts's (NYSE:EA) short percent of float has fallen 12.18% since its last report, indicating a more bullish sentiment towards the stock. The company has 4.69 million shares sold short, which is 1.73% of all regular shares available for trading. Compared to its peers, EA has less short interest as a percentage of float, with an average of 3.14%.
July 26, 2023 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Decrease in short interest indicates a more bullish sentiment towards Electronic Arts. This could potentially lead to an increase in stock price in the short term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest often indicates a more bullish sentiment towards the stock, as fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in EA's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100