(PKX) - Analyzing POSCO Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
POSCO Holdings's (NYSE:PKX) short percent of float has fallen 20.0% since its last report, with 1.58 million shares sold short, which is 0.52% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, POSCO has less short interest.
September 11, 2023 | 6:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards POSCO Holdings.
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. Therefore, the decrease in short interest for POSCO Holdings could indicate a more bullish sentiment towards the stock, potentially impacting its price positively in the short term.
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