(VOD) - Analyzing Vodafone Group's Short Interest
Portfolio Pulse from Benzinga Insights
Vodafone Group's (NYSE:VOD) short percent of float has fallen 5.88% since its last report, with 8.67 million shares sold short, which is 0.32% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Vodafone. Compared to its peers, Vodafone has less short interest as a percentage of float, with an average of 4.53%.
October 19, 2023 | 5:30 pm
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Vodafone's short interest has decreased, potentially indicating a more bullish sentiment towards the stock. It also has less short interest compared to 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, combined with the fact that Vodafone has less short interest compared to its peers, could potentially have a positive impact on the stock's price in the short term.
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