How Is The Market Feeling About Brookfield?
Portfolio Pulse from Benzinga Insights
Brookfield's (NYSE:BN) short percent of float has risen 11.67% since its last report, with 19.82 million shares sold short, which is 1.34% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Brookfield has less short interest as a percentage of float, which is 3.01% on average.
September 18, 2023 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Brookfield's short percent of float has increased, indicating a bearish sentiment among investors. However, it has less short interest compared to its peers.
The increase in Brookfield's short percent of float indicates that more investors are betting against the company, which could put downward pressure on the stock price in the short term. However, the fact that Brookfield has less short interest compared to its peers could mean that it is less likely to experience a significant drop in price due to short selling.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100