(WMT) - Analyzing Walmart's Short Interest
Portfolio Pulse from Benzinga Insights
Walmart's (NYSE:WMT) short percent of float has risen 3.09% since its last report, with 14.17 million shares sold short, which is 1.0% of all regular shares available for trading. It would take traders 2.16 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Walmart's peer group average for short interest as a percentage of float is 3.76%, which means the company has less short interest than most of its peers.
September 26, 2023 | 7:15 pm
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Walmart's short percent of float has risen, indicating a bearish sentiment among investors. However, it has less short interest than most of its peers.
An increase in short interest can indicate a bearish sentiment among investors, which could potentially lead to a decrease in the stock's price. However, Walmart has less short interest than most of its peers, which could mitigate some of the potential downward pressure on the stock's price.
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