Peering Into ING Groep's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ING Groep's short percent of float has fallen 14.29% since its last report, with 4.23 million shares sold short, which is 0.12% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, ING Groep has less short interest.
September 06, 2023 | 6:45 pm
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ING Groep's short interest has decreased, which could indicate a more bullish sentiment towards the stock. The company's short interest is also lower than most of its peers.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price. Additionally, having a lower short interest than its peers could make ING Groep more attractive to investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100