Looking Into British American Tobacco's Recent Short Interest
Portfolio Pulse from Benzinga Insights
British American Tobacco's (NYSE:BTI) short percent of float has fallen 40.91% since its last report, with 3.01 million shares sold short, which is 0.13% of all regular shares available for trading. This decrease in short interest can signal that investors have become more bullish. Compared to its peers, BTI has less short interest.
August 04, 2023 | 11:28 am
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Decrease in short interest in British American Tobacco indicates a more bullish sentiment among investors.
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 on the stock, potentially leading to an increase in the stock's price in the short term.
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