Looking Into Blackstone's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Blackstone's (NYSE:BX) short percent of float has risen 7.01% since its last report, with 20.61 million shares sold short, which is 2.9% of all regular shares available for trading. It would take traders 4.89 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Blackstone's peer group average for short interest as a percentage of float is 3.05%, which means the company has less short interest than most of its peers.

July 31, 2023 | 9:10 pm
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Blackstone's short percent of float has risen 7.01% since its last report, indicating a bearish sentiment among investors. However, it has less short interest than most of its peers.
The increase in short interest indicates that investors are expecting the price of Blackstone's stock to fall. However, the company has less short interest than most of its peers, which could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
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IMPORTANCE 75
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