How Is The Market Feeling About Airbnb?
Portfolio Pulse from Benzinga Insights
Airbnb's (NYSE:ABNB) short percent of float has fallen 13.49% since its last report, indicating a more bullish sentiment towards the stock. The company has 20.69 million shares sold short, which is 4.94% of all regular shares available for trading. Compared to its peers, Airbnb has less short interest as a percentage of float, with the average being 6.38%.
September 11, 2023 | 2:00 pm
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Airbnb's short percent of float has decreased, indicating a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer investors are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price.
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