Peering Into ONEOK's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ONEOK's (NYSE:OKE) short percent of float has fallen 16.29% since its last report, with 17.71 million shares sold short, which is 3.7% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, ONEOK has less short interest as a percentage of float, with the average being 3.82%.
October 16, 2023 | 8:00 pm
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Decrease in short interest in ONEOK could indicate a more bullish sentiment towards the stock. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. ONEOK's short interest has decreased, which could indicate a more bullish sentiment. Additionally, compared to its peers, ONEOK has less short interest, which could be seen as a positive sign by investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100