(ING) - Analyzing ING Groep's Short Interest
Portfolio Pulse from Benzinga Insights
ING Groep's short percent of float has risen 20.0% since its last report, with 4.38 million shares sold short, which is 0.12% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, ING Groep has less short interest as a percentage of float, with an average of 1.05%.
July 27, 2023 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ING Groep's short interest has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
The increase in short interest indicates that more investors are betting that the price of ING Groep's stock will fall. This could put downward pressure on the stock price in the short term. However, the fact that ING Groep has less short interest compared to its peers could mitigate this effect.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100