Looking Into UBS Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
UBS Gr's (NYSE:UBS) short percent of float has fallen 8.0% since its last report, with 12.82 million shares sold short, which is 0.46% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards UBS Gr. Compared to its peers, UBS Gr has less short interest as a percentage of float, with an average of 2.32%.
November 09, 2023 | 5:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The decrease in short interest in UBS Gr could indicate a more bullish sentiment towards the stock. However, this does not necessarily mean the stock price will rise in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest could mean that investors are less bearish about the stock, which could potentially lead to an increase in the stock price. However, other factors also influence stock prices, so this does not guarantee a rise in UBS Gr's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100