How Is The Market Feeling About UBS Gr?
Portfolio Pulse from Benzinga Insights
UBS Gr's (NYSE:UBS) short percent of float has fallen 15.79% since its last report, with 13.41 million shares sold short, which is 0.48% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, UBS Gr has less short interest as a percentage of float, with an average of 2.34%.
October 06, 2023 | 7:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards UBS Gr's stock. The company's short interest is lower than its peers' average.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This, combined with the fact that UBS Gr's short interest is lower than its peers' average, could potentially have a positive impact on the stock's price in the short term.
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