(ASML) - Analyzing ASML Holding's Short Interest
Portfolio Pulse from Benzinga Insights
ASML Holding's short percent of float has risen 11.43% since its last report, with 1.55 million shares sold short, which is 0.39% of all regular shares available for trading. It would take traders 1.8 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. ASML Holding's peer group average for short interest as a percentage of float is 6.51%, which means the company has less short interest than most of its peers.
September 19, 2023 | 6:15 pm
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ASML Holding's short interest has increased, indicating a bearish sentiment among investors. However, compared to its peers, ASML has less short interest.
The increase in short interest indicates that more investors are betting that ASML's stock price will fall. This could put downward pressure on the stock price in the short term. However, the fact that ASML has less short interest than its peers could indicate that it is less likely to experience a significant price drop compared to other companies in its industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100