How Is The Market Feeling About Brookfield?
Portfolio Pulse from Benzinga Insights
Brookfield's (NYSE:BN) short percent of float has risen 13.51% since its last report, with 18.67 million shares sold short, which is 1.26% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Brookfield has less short interest as a percentage of float, which is 2.95% on average.
November 06, 2023 | 7:00 pm
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Brookfield's short percent of float has increased, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
The increase in Brookfield's short percent of float indicates that traders are expecting the stock price to fall. However, compared to its peers, Brookfield has less short interest, which could mean that the bearish sentiment is not as strong as it seems.
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