How Is The Market Feeling About Blackstone?
Portfolio Pulse from Benzinga Insights
Blackstone's (NYSE:BX) short percent of float has fallen 5.39% since its last report, indicating a more bullish sentiment towards the stock. The company has 32.65 million shares sold short, which is 4.56% of all regular shares available for trading. Compared to its peers, Blackstone has a higher short interest as a percentage of float, with an average of 2.81%.
November 07, 2023 | 4:30 pm
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Decrease in short interest indicates a more bullish sentiment towards Blackstone. However, its short interest is higher than its peers.
A decrease in short interest usually indicates a more bullish sentiment towards a stock as fewer traders are betting on its price to fall. However, Blackstone's short interest is higher than its peers, which could indicate a higher risk or volatility.
CONFIDENCE 90
IMPORTANCE 75
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