How Is The Market Feeling About POSCO Holdings?
Portfolio Pulse from Benzinga Insights
POSCO Holdings's (NYSE:PKX) short percent of float has fallen 4.35% since its last report, indicating a decrease in bearish sentiment towards the stock. The company has 1.34 million shares sold short, which is 0.44% of all regular shares available for trading. Compared to its peers, POSCO has less short interest.
October 16, 2023 | 4:00 pm
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Decrease in short interest in POSCO Holdings indicates less bearish sentiment towards the stock, which could potentially lead to a rise in its price.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, potentially leading to a rise in the stock's price. POSCO's short interest has decreased by 4.35%, indicating less bearish sentiment towards the stock.
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