Peering Into Walmart's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Walmart's (NYSE:WMT) short percent of float has fallen 6.93% since its last report, with 13.42 million shares sold short, which is 0.94% of all regular shares available for trading. It would take traders 2.93 days to cover their short positions on average. The decrease in short interest can signal that investors have become more bullish. Walmart's peer group average for short interest as a percentage of float is 3.49%, indicating less short interest than most of its peers.

July 28, 2023 | 1:45 pm
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Walmart's short percent of float has decreased, indicating a more bullish sentiment among investors. The company also has less short interest than most of its peers.
The decrease in short interest indicates that fewer investors are betting against Walmart, which could be a sign of increasing confidence in the company's stock. Additionally, having less short interest than its peers could make Walmart's stock more attractive to investors.
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