How Is The Market Feeling About Moody's?
Portfolio Pulse from Benzinga Insights
Moody's (NYSE:MCO) short percent of float has risen 10.42% since its last report, with 1.68 million shares sold short, which is 1.06% of all regular shares available for trading. It would take traders 2.71 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Moody's has less short interest than most of its peers, with the average for its peer group being 3.79%.
November 03, 2023 | 8:15 pm
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Moody's has seen an increase in short interest, which could indicate a bearish sentiment among investors. However, compared to its peers, Moody's has less short interest, which could be a positive sign.
An increase in short interest can indicate a bearish sentiment among investors, which could potentially lead to a decrease in the stock's price. However, the fact that Moody's has less short interest than its peers could mean that it is in a relatively better position, which could potentially have a positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100