Looking Into Verizon Communications's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Verizon Communications' (NYSE:VZ) short percent of float has decreased by 6.48% since its last report, with 42.56 million shares sold short, representing 1.01% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Verizon. Compared to its peers, Verizon has less short interest as a percentage of float, with an average of 2.28%.
September 22, 2023 | 3:30 pm
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Verizon's short interest has decreased, which could indicate a more bullish sentiment towards the company's stock. This could potentially lead to an increase in the stock's price in the short term.
Short interest is the number of shares that have been sold short but have not yet been covered. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price. Compared to its peers, Verizon has less short interest, which could be seen as a positive sign by investors.
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