Looking Into Equinor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Equinor's (NYSE:EQNR) short percent of float has fallen 10.53% since its last report, with 5.32 million shares sold short, which is 0.17% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Equinor. Compared to its peers, Equinor has less short interest as a percentage of float, with an average of 1.63%.
September 25, 2023 | 7:45 pm
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Equinor's short percent of float has decreased, indicating a more bullish market sentiment. This could potentially lead to a positive impact on the stock's price in the short term.
A decrease in short interest often indicates a more bullish sentiment in the market, as fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in demand for the stock, pushing its price up in the short term.
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