Peering Into POSCO Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
POSCO Holdings's (NYSE:PKX) short percent of float has fallen 4.35% since its last report, with 1.34 million shares sold short, which is 0.44% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, POSCO has less short interest.
September 28, 2023 | 8:45 pm
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Decrease in short interest could signal a more bullish sentiment towards POSCO Holdings. However, it does not necessarily mean that the stock price will rise in the near term.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish. However, this does not necessarily mean that the stock price will rise in the near term.
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