Peering Into Corning's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Corning's (NYSE:GLW) short percent of float has fallen 12.26% since its last report, with 7.90 million shares sold short, which is 0.93% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Corning. Compared to its peers, Corning has less short interest as a percentage of float, with an average of 3.22%.
September 20, 2023 | 1:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Corning's stock.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in Corning's stock price.
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