(RELX) - Analyzing RELX's Short Interest
Portfolio Pulse from Benzinga Insights
RELX's short percent of float has risen 20.0% since its last report, with 1.07 million shares sold short, which is 0.06% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, RELX's short interest as a percentage of float is less than its peer group average of 3.97%.
August 10, 2023 | 3:45 pm
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The increase in short interest could indicate a bearish sentiment towards RELX. However, its short interest is less than its peer group average, which could be a positive sign.
An increase in short interest usually indicates a bearish sentiment, as traders are betting on the stock price to fall. However, RELX's short interest is less than its peer group average, which could mean that the market sentiment towards RELX is not as bearish as it is towards its peers.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100