Peering Into Blackstone's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Blackstone's (NYSE:BX) short percent of float has risen 21.74% since its last report, with 21.81 million shares sold short, which is 3.08% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a stock, potentially signaling that investors have become more bearish. Blackstone's short interest as a percentage of float is higher than its peer group average of 2.82%.

October 16, 2023 | 7:15 pm
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Blackstone's short interest has increased, potentially indicating bearish sentiment among investors.
An increase in short interest often indicates that investors expect the stock's price to decline. As Blackstone's short interest is higher than its peer group average, this could suggest that the market is more bearish on Blackstone than on its peers.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100