Peering Into Diageo's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Diageo's (NYSE:DEO) short percent of float has fallen 11.54% since its last report, with 1.32 million shares sold short, which is 0.23% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Diageo. Compared to its peers, Diageo has less short interest as a percentage of float, with an average of 4.00%.
September 27, 2023 | 6:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Diageo. The company has less short interest compared to its peers.
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. Diageo's short interest has decreased, which could indicate a more bullish sentiment. Additionally, compared to its peers, Diageo has less short interest, which could be a positive sign for the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100