(BCS) - Analyzing Barclays's Short Interest
Portfolio Pulse from Benzinga Insights
Barclays's (NYSE:BCS) short percent of float has fallen 30.0% since its last report, with 2.48 million shares sold short, which is 0.07% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Barclays. Compared to its peers, Barclays has less short interest as a percentage of float, with an average of 0.89%.
September 01, 2023 | 1:15 pm
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Barclays's short percent of float has decreased by 30.0%, indicating a more bullish sentiment. The company has less short interest compared to its peers.
A decrease in short interest can signal a more bullish sentiment towards a stock. As Barclays's short percent of float has decreased, this could potentially lead to an increase in its stock price in the short term. Furthermore, having less short interest compared to its peers could make Barclays a more attractive investment.
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