Looking Into Brookfield's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Brookfield's (NYSE:BN) short percent of float has risen 25.84% since its last report, with 16.61 million shares sold short, which is 1.12% of all regular shares available for trading. It would take traders 6.67 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Brookfield's peer group average for short interest as a percentage of float is 3.13%, which means the company has less short interest than most of its peers.
August 08, 2023 | 3:30 pm
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Brookfield's short percent of float has risen 25.84% since its last report, indicating a bearish sentiment among investors.
An increase in short interest can indicate that investors have become more bearish on the stock. This could potentially lead to a decrease in the stock's price in the short term.
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