How Is The Market Feeling About NatWest Group?
Portfolio Pulse from Benzinga Insights
The short percent of float for NatWest Group (NYSE:NWG) has decreased by 11.11% since its last report, with 3.59 million shares sold short. This represents 0.08% of all regular shares available for trading. The short interest for NatWest Group is less than its peer group average of 0.89%. Short interest can act as an indicator of market sentiment towards a stock.
September 07, 2023 | 5:15 pm
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Decrease in short interest for NatWest Group may indicate a shift in market sentiment towards the stock.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish on the stock. Therefore, the decrease in short interest for NatWest Group may indicate a shift in market sentiment towards the stock, potentially leading to an increase in its price.
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