(HLT) - Analyzing Hilton Worldwide Holdings's Short Interest
Portfolio Pulse from Benzinga Insights
Hilton Worldwide Holdings's (NYSE:HLT) short percent of float has risen 20.38% since its last report, with 4.85 million shares sold short. This represents 1.89% of all regular shares available for trading. Short interest can act as an indicator of market sentiment towards a stock. An increase in short interest can signal that investors have become more bearish. Hilton's peer group average for short interest as a percentage of float is 6.64%, which means the company has less short interest than most of its peers.
September 13, 2023 | 1:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hilton Worldwide Holdings's short percent of float has risen 20.38% since its last report. This could indicate a bearish sentiment among investors.
An increase in short interest can indicate that investors are expecting the price of the stock to fall. This could potentially lead to a decrease in the stock price in the short term. However, Hilton has less short interest than most of its peers, which could mitigate this effect.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100