Looking Into VMware's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VMware's (NYSE:VMW) short percent of float has fallen 17.32% since its last report, with 3.88 million shares sold short, which is 1.48% of all regular shares available for trading. It would take traders 1.85 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 5.21% for its peer group.
October 26, 2023 | 1:30 pm
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VMware's short percent of float has decreased, indicating a potentially more bullish market sentiment towards the company's stock.
A decrease in short interest can signal that investors have become more bullish on a stock. As VMware's short percent of float has fallen, this could indicate a more positive market sentiment towards the company's stock, potentially leading to an increase in its price in the short term.
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