Peering Into Honeywell Intl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Honeywell Intl's (NYSE:HON) short percent of float has fallen 3.61% since its last report, with 5.33 million shares sold short, which is 0.8% of all regular shares available for trading. It would take traders 1.76 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 2.24%.
October 13, 2023 | 4:45 pm
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Honeywell Intl's short interest has decreased, indicating a potentially more bullish market sentiment towards the company.
A decrease in short interest can signal that investors have become more bullish on a stock. As Honeywell Intl's short interest has decreased, this could potentially indicate a more positive market sentiment towards the company, which could positively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100