Looking Into Microsoft's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Microsoft's (NYSE:MSFT) short percent of float has risen 11.76% since its last report, with 42.50 million shares sold short, which is 0.57% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Microsoft has less short interest as a percentage of float, which is 5.42% on average.
August 08, 2023 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Microsoft's short interest has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
An increase in short interest can indicate a bearish sentiment towards a stock. However, Microsoft's short interest is less than its peers, which could mean that the market is less bearish on Microsoft compared to other similar companies. This could potentially neutralize the impact of the increased short interest on Microsoft's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100