Peering Into Brookfield's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Brookfield's (NYSE:BN) short percent of float has fallen 15.67% since its last report, with 16.75 million shares sold short, which is 1.13% of all regular shares available for trading. It would take traders 7.62 days to cover their short positions on average. Compared to its peers, Brookfield has less short interest as a percentage of float, with the average being 2.90%.
October 20, 2023 | 3:01 pm
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Brookfield's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish on a stock. As Brookfield's short percent of float has decreased, this could indicate a more positive sentiment towards the stock, potentially leading to an increase in its price.
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