Looking Into Honda Motor Co's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Honda Motor Co's (NYSE:HMC) short percent of float has risen 7.69% since its last report, with 2.26 million shares sold short, which is 0.14% of all regular shares available for trading. It would take traders 3.04 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Honda's peer group average for short interest as a percentage of float is 10.94%, which means the company has less short interest than most of its peers.

September 25, 2023 | 3:30 pm
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Honda Motor Co's short percent of float has risen 7.69%, indicating a potential bearish sentiment among investors.
An increase in short interest can indicate a bearish sentiment among investors. As the short percent of float for Honda Motor Co has risen, this could potentially lead to a decrease in the stock price in the short term.
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