Looking Into Boeing's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Boeing's (NYSE:BA) short percent of float has fallen 3.15% since its last report, with 7.40 million shares sold short, which is 1.23% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Boeing. Compared to its peers, Boeing has less short interest as a percentage of float, with an average of 2.60%.
September 20, 2023 | 7:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Boeing's stock.
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 a stock. In Boeing's case, the short percent of float has fallen 3.15%, which could indicate a more bullish sentiment towards the stock in the short term.
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