Looking Into Mitsubishi UFJ Finl Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Mitsubishi UFJ Financial Group's (NYSE:MUFG) short percent of float has fallen 14.29% since its last report, with 6.63 million shares sold short, which is 0.06% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, MUFG has less short interest as a percentage of float, with an average of 0.96%.
August 10, 2023 | 3:45 pm
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The decrease in short interest in Mitsubishi UFJ Financial Group could indicate a more bullish sentiment towards the stock, potentially impacting its price positively in the short term.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock, which could lead to an increase in its price. As such, the reported decrease in short interest for MUFG could potentially have a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100