How Is The Market Feeling About Airbnb?
Portfolio Pulse from Benzinga Insights
Airbnb's (NYSE:ABNB) short percent of float has fallen 9.22% since its last report, indicating a decrease in bearish sentiment. The company has 23.91 million shares sold short, which is 5.71% of all regular shares available for trading. Compared to its peers, Airbnb has less short interest as the average for its peer group is 6.95%.
August 22, 2023 | 1:00 pm
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POSITIVE IMPACT
Decrease in short interest indicates less bearish sentiment towards Airbnb. This could potentially lead to a more stable or positive price movement.
Short interest is an indicator of market sentiment. A decrease in short interest suggests that traders are less bearish on the stock, which could potentially lead to a more stable or positive price movement.
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