Peering Into Goldman Sachs Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Goldman Sachs Gr's (NYSE:GS) short percent of float has risen 16.16% since its last report, with 3.77 million shares sold short, which is 1.15% of all regular shares available for trading. It would take traders 1.88 days to cover their short positions on average. The company's short interest is less than its peer group average of 3.68%.
October 24, 2023 | 1:30 pm
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Goldman Sachs Gr's short percent of float has risen 16.16%, indicating increased bearish sentiment. However, its short interest is less than its peer group average.
The rise in short percent of float indicates that more traders are betting on the stock's price to fall, which could put downward pressure on the stock price in the short term. However, the company's short interest being less than its peer group average suggests that it is less bearish compared to its peers.
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IMPORTANCE 75
RELEVANCE 100