(TM) - Analyzing Toyota Motor's Short Interest
Portfolio Pulse from Benzinga Insights
Toyota Motor's (NYSE:TM) short percent of float has fallen 28.57% since its last report, with 701 thousand shares sold short, which is 0.05% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Toyota. Compared to its peers, Toyota has less short interest, with an average of 10.55% for its peer group.
September 04, 2023 | 7:00 pm
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Toyota's short interest has decreased, which could indicate a more bullish sentiment towards the company's stock. Compared to its peers, Toyota has less short interest.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in Toyota's stock price in the short term. Furthermore, having less short interest compared to its peers could make Toyota's stock more attractive to investors.
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