Looking Into HSBC Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HSBC Holdings's short percent of float has fallen 10.0% since its last report, with 10.54 million shares sold short, which is 0.27% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards HSBC. Compared to its peers, HSBC has less short interest as a percentage of float, with an average of 0.89%.
October 16, 2023 | 7:15 pm
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HSBC's short interest has decreased by 10.0%, which could indicate a more bullish sentiment towards the stock. This is lower than the average short interest of its peers.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in HSBC's stock price in the short term. Furthermore, HSBC's short interest is lower than the average of its peers, which could make it more attractive to investors.
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