(MCO) - Analyzing Moody's's Short Interest
Portfolio Pulse from Benzinga Insights
Moody's (NYSE:MCO) short percent of float has fallen 4.35% since its last report, with 1.40 million shares sold short, which is 0.88% of all regular shares available for trading. It would take traders 2.73 days to cover their short positions on average. Moody's has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.75%.
September 18, 2023 | 6:15 pm
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Moody's has seen a decrease in short interest, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100