Peering Into S&P Global's Recent Short Interest
Portfolio Pulse from Benzinga Insights
S&P Global's (NYSE:SPGI) short percent of float has risen 4.42% since its last report, with 3.75 million shares sold short, which is 1.18% of all regular shares available for trading. It would take traders 3.35 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.84%.
August 30, 2023 | 5:45 pm
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S&P Global'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 price to fall. However, S&P Global's short interest is less than its peer group average, which could mean that the bearish sentiment is not as strong compared to its peers.
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