Looking Into Infosys's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Infosys's (NYSE:INFY) short percent of float has fallen 19.86% since its last report, with 46.88 million shares sold short, which is 1.13% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Infosys. Compared to its peers, Infosys has less short interest as a percentage of float.
August 18, 2023 | 4:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Infosys. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Infosys's short interest has decreased, which could indicate a more bullish sentiment. Additionally, compared to its peers, Infosys has less short interest, which could be a positive sign.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100