Peering Into Electronic Arts's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Electronic Arts's (NYSE:EA) short percent of float has fallen 20.86% since its last report, with 3.48 million shares sold short, which is 1.29% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EA. Compared to its peers, EA has less short interest as a percentage of float, with an average of 3.37%.
September 06, 2023 | 7:00 pm
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Electronic Arts's short interest has decreased, potentially indicating a more bullish market sentiment. Compared to its peers, EA has less short interest.
A decrease in short interest often indicates a more bullish market sentiment as it means fewer investors are betting against the stock. As EA's short interest is lower than its peer group average, it could be seen as a positive sign by investors.
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