Peering Into Walt Disney's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Walt Disney's (NYSE:DIS) short percent of float has fallen 3.64% since its last report, with 19.46 million shares sold short, which is 1.06% 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, Disney has less short interest, with an average of 7.52% for its peer group.
October 17, 2023 | 4:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Disney's stock. The company's short interest is lower than its peer group average.
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. In Disney's case, the short interest has fallen 3.64%, which could indicate a more positive sentiment towards the stock. Additionally, Disney's short interest is lower than its peer group average, which could further indicate a more bullish sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100