How Is The Market Feeling About ASML Holding?
Portfolio Pulse from Benzinga Insights
ASML Holding's (NYSE:ASML) short percent of float has fallen 5.26% since its last report, with 1.42 million shares sold short, which is 0.36% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards ASML. Compared to its peers, ASML has less short interest as a percentage of float, with an average of 6.89%.
August 04, 2023 | 2:15 pm
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ASML's short percent of float has decreased, indicating a potential shift towards a more bullish market sentiment. This could potentially impact the stock's price in the short term.
A decrease in short interest can signal a shift towards a more bullish market sentiment. This is because short interest is the number of shares that have been sold short but have not yet been covered or closed out. If the short interest decreases, it means that fewer traders are expecting the stock's price to fall, which could potentially lead to an increase in the stock's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100