Peering Into Las Vegas Sands's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Las Vegas Sands's (NYSE:LVS) short percent of float has risen 9.89% since its last report, with 10.71 million shares sold short, which is 2.89% of all regular shares available for trading. It would take traders 2.14 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.28%.
August 16, 2023 | 6:00 pm
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NEUTRAL IMPACT
The rise in short interest in Las Vegas Sands could indicate a bearish sentiment among investors. However, its short interest is still less than its peer group average, which could be a positive sign.
Short interest is the number of shares that have been sold short but have not yet been covered. An increase in short interest can signal that investors have become more bearish. However, Las Vegas Sands's short interest is less than its peer group average, which could indicate that the bearish sentiment is not as strong as it is for its peers.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100