(UL) - Analyzing Unilever's Short Interest
Portfolio Pulse from Benzinga Insights
Unilever's (NYSE:UL) short percent of float has fallen 33.33% since its last report, with 3.14 million shares sold short, which is 0.12% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Unilever. Compared to its peers, Unilever has less short interest as a percentage of float, with an average of 6.57%.
August 04, 2023 | 9:39 am
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Unilever's short interest has decreased, potentially indicating a more bullish sentiment towards the company's stock.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in Unilever's stock price in the short term.
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