How Is The Market Feeling About Johnson Controls Intl?
Portfolio Pulse from Benzinga Insights
Johnson Controls Intl's (NYSE:JCI) short percent of float has decreased by 7.61% since its last report, with 5.78 million shares sold short, representing 0.85% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the company. Compared to its peers, Johnson Controls has less short interest, with the average for its peer group being 3.66%.
September 04, 2023 | 7:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Decrease in short interest in Johnson Controls Intl could indicate a more bullish sentiment, potentially impacting the stock positively.
Short interest is a measure of market sentiment. A decrease in short interest often indicates a more bullish sentiment as fewer traders are betting on the stock's price to fall. This could lead to an increase in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100