How Is The Market Feeling About Honda Motor Co?
Portfolio Pulse from Benzinga Insights
Honda Motor Co's (NYSE:HMC) short percent of float has fallen 13.33% since its last report, indicating a decrease in bearish sentiment towards the stock. The company has 2.17 million shares sold short, which is 0.13% of all regular shares available for trading. Compared to its peers, Honda has less short interest as a percentage of float, with an average of 10.55%.
September 07, 2023 | 1:30 pm
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Decrease in short interest indicates less bearish sentiment towards Honda Motor Co.
A decrease in short interest usually indicates that traders are less bearish about a stock's prospects. This could potentially lead to an increase in the stock's price in the short term.
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