Peering Into Equinor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Equinor's (NYSE:EQNR) short percent of float has fallen 15.0% since its last report, with 5.22 million shares sold short, which is 0.17% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Equinor. Compared to its peers, Equinor has less short interest as a percentage of float, with an average of 1.68%.
August 14, 2023 | 2:15 pm
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Equinor's short interest has decreased, which could indicate a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's 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, which could potentially lead to an increase in the stock's price. Compared to its peers, Equinor has less short interest, which could be seen as a positive sign by investors.
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IMPORTANCE 75
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