How Is The Market Feeling About GSK?
Portfolio Pulse from Benzinga Insights
The short percent of float for GSK (NYSE:GSK) has decreased by 7.69% since its last report, with 4.85 million shares sold short. This represents 0.24% of all regular shares available for trading. The short interest for GSK is lower than its peer group average of 4.31%. Short interest can act as an indicator of market sentiment towards a stock.
September 19, 2023 | 8:45 pm
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Decrease in short interest for GSK could indicate a more bullish sentiment among traders.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards the stock, which could potentially lead to an increase in the stock's price in the short term.
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