How Is The Market Feeling About HSBC Holdings?
Portfolio Pulse from Benzinga Insights
HSBC Holdings's short percent of float has risen 4.55% since its last report, with 9.08 million shares sold short, which is 0.23% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, HSBC has less short interest with an average of 0.88% for its peer group.
August 28, 2023 | 3:00 pm
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HSBC's short interest has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
The increase in short interest indicates that investors are expecting the price of HSBC's stock to fall. This bearish sentiment could put downward pressure on the stock price in the short term. However, the fact that HSBC has less short interest compared to its peers could mitigate this effect to some extent.
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