(BKNG) - Analyzing Booking Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
Booking Holdings's (NYSE:BKNG) short percent of float has fallen 18.7% since its last report, with 713 thousand shares sold short, which is 2.0% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Booking Holdings has less short interest as a percentage of float, with an average of 6.77%.
September 05, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Booking Holdings. However, it does not guarantee a rise in the stock price in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest could mean that investors are less bearish about the stock, which could potentially lead to an increase in the stock price. However, other factors also influence the stock price, so a decrease in short interest does not guarantee a price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100