Peering Into CME Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
CME Group's (NYSE:CME) short interest has decreased by 12.28% since the last report, with 3.60 million shares sold short, representing 1.0% of available shares. The average time to cover these short positions is 2.39 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. CME Group has a lower short interest compared to its peer group average of 2.79%.
November 14, 2023 | 6:00 pm
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CME Group's short interest has decreased, which may suggest a more bullish sentiment among investors and could lead to a short-term positive impact on the stock price.
The decrease in short interest for CME Group indicates that fewer traders are betting against the stock, which could reduce selling pressure and potentially lead to a rise in the stock price in the short term. However, short interest is just one of many factors that can affect stock prices.
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