How Is The Market Feeling About Take-Two Interactive?
Portfolio Pulse from Benzinga Insights
Take-Two Interactive (NYSE:TTWO) has seen a decrease in short interest, with the short percent of float dropping 3.47% since the last report. The company has 4.63 million shares sold short, representing 3.06% of available shares. The current short interest is below the peer group average of 3.73%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.
November 16, 2023 | 5:00 pm
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Take-Two Interactive's short interest has decreased, which may indicate a more bullish sentiment among investors. However, this does not guarantee an immediate increase in stock price.
A decrease in short interest typically suggests that investors are less bearish on a stock, which could lead to a potential increase in its price. However, the impact on the stock price is not immediate and can be influenced by various other market factors.
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