Looking Into HSBC Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HSBC Holdings's short percent of float has fallen 18.52% since its last report, with 8.70 million shares sold short, which is 0.22% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards HSBC. Compared to its peers, HSBC has less short interest as a percentage of float, with an average of 0.95%.
August 11, 2023 | 1:15 pm
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HSBC's short interest has decreased, potentially indicating a shift towards a more bullish market sentiment.
A decrease in short interest often indicates a more bullish market sentiment as it suggests fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in HSBC's stock price in the short term.
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