Looking Into HSBC Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HSBC Holdings's short percent of float has fallen 10.0% since its last report, with 10.54 million shares sold short, which is 0.27% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards HSBC. Compared to its peers, HSBC has less short interest as a percentage of float, with an average of 0.89%.
September 29, 2023 | 8:45 pm
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HSBC's short interest has decreased, potentially indicating a more bullish sentiment towards the stock. This could impact the stock's price in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could lead to an increase in the stock's price. As HSBC's short interest has decreased, this could potentially lead to a rise in its stock price in the short term.
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