Looking Into Hilton Worldwide Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hilton Worldwide Holdings's (NYSE:HLT) short percent of float has fallen 10.4% since its last report, with 3.97 million shares sold short, which is 1.55% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Hilton. Compared to its peers, Hilton has less short interest, with an average of 7.68% for its peer group.
August 17, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The decrease in short interest in Hilton Worldwide Holdings could indicate a more bullish sentiment towards the company's stock. This could potentially lead to an increase in the stock's price in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment as fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in demand for the stock, driving up its price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100