How Is The Market Feeling About Goldman Sachs Gr?
Portfolio Pulse from Benzinga Insights
Goldman Sachs Gr's (NYSE:GS) short percent of float has risen 12.36% since its last report, with 3.27 million shares sold short, which is 1.0% of all regular shares available for trading. It would take traders 1.1 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Goldman Sachs Gr's peer group average for short interest as a percentage of float is 3.80%, which means the company has less short interest than most of its peers.
August 15, 2023 | 4:45 pm
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Goldman Sachs Gr's short percent of float has risen 12.36%, indicating a bearish sentiment. However, it has less short interest than most of its peers.
The increase in short percent of float indicates that more investors are betting against Goldman Sachs, which could put downward pressure on the stock price in the short term. However, the fact that Goldman Sachs has less short interest than most of its peers could mitigate this effect.
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