(MS) - Analyzing Morgan Stanley's Short Interest
Portfolio Pulse from Benzinga Insights
Morgan Stanley's short percent of float has risen 12.5% since its last report, with 18.34 million shares sold short, which is 1.44% of all regular shares available for trading. This does not necessarily mean the stock will fall in the near-term, but indicates more shares are being shorted. Compared to its peers, Morgan Stanley has less short interest as a percentage of float, with the average being 3.78%.
August 22, 2023 | 7:30 pm
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Morgan Stanley's short interest has increased, indicating a bearish sentiment among traders. However, compared to its peers, the company has less short interest.
An increase in short interest indicates that more traders are betting that the stock price will fall. This could put downward pressure on the stock price in the short term. However, Morgan Stanley's short interest is less than its peers, which could be a positive sign.
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