How Is The Market Feeling About T-Mobile US?
Portfolio Pulse from Benzinga Insights
T-Mobile US's (NYSE:TMUS) short percent of float has risen 6.2% since its last report, with 27.77 million shares sold short, which is 4.97% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, increasing short interest can also be bullish for a stock.
October 03, 2023 | 8:45 pm
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Increased short interest in T-Mobile US could indicate bearish sentiment, potentially impacting the stock price.
Short interest is the number of shares sold short but not yet covered. An increase in short interest can indicate that investors expect the stock price to fall, which can put downward pressure on the stock price. However, it's also worth noting that an increase in short interest can sometimes be a bullish signal, as it means there is potential for a short squeeze, which could drive the stock price up.
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