(SPGI) - Analyzing S&P Global's Short Interest
Portfolio Pulse from Benzinga Insights
S&P Global's (NYSE:SPGI) short percent of float has fallen 13.1% since its last report, with 2.33 million shares sold short, which is 0.73% of all regular shares available for trading. It would take traders 2.61 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.82%.
November 03, 2023 | 8:15 pm
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S&P Global's short interest has decreased, indicating a potentially more bullish market sentiment towards the company.
A decrease in short interest can signal that investors have become more bullish towards a particular stock. In the case of S&P Global, the short percent of float has fallen 13.1%, which could indicate a more positive market sentiment towards the company in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100