Peering Into Barclays's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Barclays's (NYSE:BCS) short percent of float has fallen 23.08% since its last report, with 3.70 million shares sold short, which is 0.1% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Barclays. Compared to its peers, Barclays has less short interest as a percentage of float, with an average of 1.05%.
August 07, 2023 | 6:15 pm
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The decrease in short interest in Barclays could indicate a more bullish sentiment towards the stock. However, this does not necessarily mean the stock price will rise in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest could mean that investors are less bearish about the stock, which could potentially lead to an increase in the stock price. However, other factors also influence the stock price, so a decrease in short interest does not guarantee a rise in the stock price.
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