Looking Into RELX's Recent Short Interest
Portfolio Pulse from Benzinga Insights
RELX's short percent of float has fallen 28.57% since its last report, with 1.03 million shares sold short, which is 0.05% 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, RELX has less short interest as a percentage of float, with an average of 3.11%.
October 19, 2023 | 3:01 pm
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Decrease in short interest could indicate a more bullish sentiment towards RELX. The company's short interest is lower than its peer average.
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 the stock's price. Furthermore, RELX's short interest being lower than its peer average could indicate that it is viewed more favorably than its peers.
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