How Is The Market Feeling About Intercontinental Exchange?
Portfolio Pulse from Benzinga Insights
Intercontinental Exchange's (NYSE:ICE) short percent of float has fallen 29.21% since its last report, indicating a more bullish sentiment towards the stock. The company has 3.52 million shares sold short, which is 0.63% of all regular shares available for trading. Compared to its peers, Intercontinental Exchange has less short interest as a percentage of float, with an average of 3.95%.
August 10, 2023 | 4:45 pm
News sentiment analysis
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Decrease in short interest suggests a more bullish sentiment towards Intercontinental Exchange. This could potentially lead to an increase in stock price in the short term.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, potentially leading to an increase in stock price. Intercontinental Exchange's short interest has decreased, indicating a more bullish sentiment towards the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100