Peering Into Aptiv's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Aptiv's (NYSE:APTV) short percent of float has risen 10.62% since its last report, with 3.15 million shares sold short, which is 1.25% of all regular shares available for trading. It would take traders 1.43 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 5.69%.
August 31, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Aptiv's short percent of float has increased, indicating a bearish sentiment among traders. However, it has less short interest than most of its peers.
The increase in short interest indicates that traders are expecting the price of Aptiv's stock to fall. However, the fact that it has less short interest than most of its peers could mean that it is less likely to experience a significant price drop in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100