(EA) - Analyzing Electronic Arts's Short Interest
Portfolio Pulse from Benzinga Insights
Electronic Arts's (NYSE:EA) short percent of float has fallen 5.78% since its last report, with 4.41 million shares sold short, which is 1.63% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EA. Compared to its peers, EA has less short interest as a percentage of float, with an average of 2.84%.
August 21, 2023 | 6:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards EA. EA's short interest is lower than its peers' average.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. As EA's short interest is lower than its peers' average, it could be seen as a positive sign by investors.
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