Peering Into T. Rowe Price Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
T. Rowe Price Gr's (NYSE:TROW) short percent of float has decreased by 8.58% since its last report, with 16.99 million shares sold short, which is 8.84% of all regular shares available for trading. It would take traders 12.24 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 2.79%.
September 05, 2023 | 6:45 pm
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POSITIVE IMPACT
T. Rowe Price Gr's short percent of float has decreased, indicating a potential shift in market sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish on the stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100