Peering Into Barclays's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Barclays's (NYSE:BCS) short percent of float has risen 14.29% since its last report, with 2.96 million shares sold short, which is 0.08% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Barclays has less short interest as a percentage of float, which is 0.90% on average.
October 13, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays's short percent of float has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
The increase in short interest indicates that traders are expecting the price of Barclays's stock to fall. However, the fact that it has less short interest compared to its peers could mean that the market is less bearish on Barclays than on other similar companies.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100