Peering Into Itau Unibanco Holding's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Itau Unibanco Holding's (NYSE:ITUB) short percent of float has fallen 3.85% since its last report, with 23.98 million shares sold short, which is 0.5% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Itau Unibanco has less short interest as a percentage of float.
July 27, 2023 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Itau Unibanco Holding's short interest has decreased, which could indicate a more bullish sentiment towards the stock. The company also has less short interest compared to its peers.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish. Itau Unibanco's short interest has decreased, which could indicate a more bullish sentiment towards the stock. Additionally, the company has less short interest compared to its peers, which could be a positive sign.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100