Looking Into VMware's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VMware's (NYSE:VMW) short percent of float has fallen 17.32% since its last report, with 3.88 million shares sold short, which is 1.48% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards VMware. Compared to its peers, VMware has less short interest as a percentage of float, with an average of 5.21%.
October 09, 2023 | 8:30 pm
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VMware's short interest has decreased, potentially indicating a more bullish sentiment towards the company's stock.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can indicate a more bullish sentiment towards a stock, as it suggests fewer investors are betting on the stock's price to fall. In VMware's case, the short percent of float has fallen 17.32%, which could suggest a more positive market sentiment towards the company's stock.
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