Looking Into Lloyds Banking Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lloyds Banking Group's (NYSE:LYG) short percent of float has fallen 20.0% since its last report, with 6.63 million shares sold short, which is 0.04% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards LYG. Compared to its peers, Lloyds has less short interest as a percentage of float, with an average of 0.90%.
October 13, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Decrease in short interest could indicate a more bullish sentiment towards Lloyds Banking Group. The company has less short interest compared to its peers.
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. Lloyds Banking Group's short interest has decreased, which could indicate a more bullish sentiment towards the company. Additionally, compared to its peers, Lloyds has less short interest, which could further support this bullish sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100