How Is The Market Feeling About VMware?
Portfolio Pulse from Benzinga Insights
VMware's (NYSE:VMW) short percent of float has risen 16.25% since its last report, with 4.85 million shares sold short, which is 1.86% of all regular shares available for trading. It would take traders 4.57 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 5.10% for its peer group.
September 05, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
VMware's short percent of float has increased, indicating a bearish sentiment among traders. However, it has less short interest than most of its peers.
An increase in short interest can indicate a bearish sentiment towards a stock, as traders are betting on the price to fall. However, VMware has less short interest than most of its peers, which could mean that the market sentiment towards VMware is less bearish compared to its peers.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100