(WMB) - Analyzing Williams Companies's Short Interest
Portfolio Pulse from Benzinga Insights
Williams Companies's (NYSE:WMB) short percent of float has fallen 12.77% since its last report, with 26.69 million shares sold short, which is 2.46% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Williams Companies has less short interest.
August 18, 2023 | 1:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Williams Companies. However, it does not guarantee a rise in stock price.
Short interest is an indicator of market sentiment. A decrease in short interest could mean that investors are less bearish about the stock, which could potentially lead to an increase in stock price. However, other factors also influence stock price, so a decrease in short interest does not guarantee a price increase.
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RELEVANCE 100