Peering Into ASML Holding's Recent Short Interest
Portfolio Pulse from Benzinga Insights
ASML Holding (NYSE:ASML) has seen a decrease in short interest, with the short percent of float falling 6.52% since the last report. The company has 1.72 million shares sold short, representing 0.43% of available shares, with a cover time of 1.4 days. This decline in short interest may indicate a more bullish sentiment among investors, although it does not necessarily predict a near-term price rise. ASML's short interest is below its peer group average of 6.73%.
November 27, 2023 | 7:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
ASML Holding's short interest has decreased, which could be a sign of increasing bullish sentiment among investors. The short interest is lower than the peer group average, potentially indicating a positive outlook for the stock.
A decrease in short interest typically suggests that investors are less bearish on a stock, which could lead to an increase in its price in the short term. However, the impact on the stock price is not guaranteed and will depend on broader market conditions and investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100