Peering Into GSK's Recent Short Interest
Portfolio Pulse from Benzinga Insights
The short percent of float for GSK (NYSE:GSK) has risen 8.33% since its last report, with 5.26 million shares sold short, representing 0.26% of all regular shares available for trading. It would take traders 1.79 days on average to cover their short positions. GSK's short interest is less than its peer group average of 4.55%.
August 29, 2023 | 7:15 pm
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GSK's short interest has increased, indicating a bearish sentiment among traders. However, its short interest is less than its peer group average.
An increase in short interest indicates that traders are expecting the stock's price to fall. However, GSK's short interest is less than its peer group average, which could mean that it is performing better than its peers in the eyes of traders.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100