Peering Into Vodafone Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Vodafone Group's (NYSE:VOD) short percent of float has risen 34.78% since its last report, with 8.38 million shares sold short, which is 0.31% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, Vodafone's short interest as a percentage of float is less than its peer group average of 4.33%.
September 12, 2023 | 1:00 pm
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Vodafone's short percent of float has risen 34.78%, indicating a bearish sentiment among investors. However, its short interest is less than its peer group average.
The increase in short interest indicates that investors are expecting the price of Vodafone's stock to fall. However, the fact that its short interest is less than its peer group average could mean that the bearish sentiment is not as strong as it is for other companies in the same industry.
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IMPORTANCE 75
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