(GS) - Analyzing Goldman Sachs Gr's Short Interest
Portfolio Pulse from Benzinga Insights
Goldman Sachs Gr's (NYSE:GS) short percent of float has fallen 5.0% since its last report, with 3.13 million shares sold short, which is 0.95% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Goldman Sachs has less short interest as a percentage of float, with an average of 3.45%.
September 01, 2023 | 3:15 pm
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Goldman Sachs' short interest has decreased, potentially indicating a more bullish sentiment towards the stock. The company's short interest is also lower than its peers' average.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term. Additionally, Goldman Sachs' short interest being lower than its peers' average could be seen as a positive sign by investors.
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