How Is The Market Feeling About Sysco?
Portfolio Pulse from Benzinga Insights
Sysco's (NYSE:SYY) short percent of float has fallen 14.81% since its last report, with 6.98 million shares sold short, which is 1.38% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Sysco. Compared to its peers, Sysco has less short interest as a percentage of float, with an average of 3.75%.
October 09, 2023 | 6:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Sysco. Sysco's short interest is lower than its peers' average.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Sysco's short interest has decreased by 14.81%, which could indicate a more bullish sentiment towards the company. Additionally, Sysco's short interest as a percentage of float is lower than its peers' average, which could further indicate a more bullish sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100