Looking Into NetEase's Recent Short Interest
Portfolio Pulse from Benzinga Insights
NetEase's (NYSE:NTES) short percent of float has fallen 3.85% since its last report, with 3.17 million shares sold short, which is 0.5% 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, NetEase has less short interest.
October 24, 2023 | 5:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards NetEase. The company also has less short interest compared to its peers.
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 this case, NetEase's short interest has fallen, which could indicate a more bullish sentiment. Additionally, compared to its peers, NetEase has less short interest, which could further indicate a more positive sentiment towards the company.
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