(GIS) - Analyzing General Mills's Short Interest
Portfolio Pulse from Benzinga Insights
General Mills's (NYSE:GIS) short percent of float has fallen 6.91% since its last report, with 13.32 million shares sold short, which is 2.29% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, General Mills has less short interest as a percentage of float, with the average being 4.29%.
October 05, 2023 | 3:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards General Mills.
A decrease in short interest often indicates a more bullish sentiment towards a stock. As such, the decrease in short interest for General Mills could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100