Peering Into AT&T's Recent Short Interest
Portfolio Pulse from Benzinga Insights
AT&T's (NYSE:T) short interest has decreased by 3.33% since the last report, with 103.64 million shares sold short, representing 1.45% of available shares. It would take about 3.77 days to cover all short positions. A decrease in short interest may indicate a more bullish sentiment towards the stock. AT&T has less short interest compared to its peer group average of 2.09%.
December 25, 2023 | 6:45 pm
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AT&T's short interest has decreased, which could suggest a more bullish sentiment among investors and potentially lead to a short-term positive impact on the stock price.
A decrease in short interest typically indicates that investors are less bearish on the stock, which could lead to a short-term increase in the stock price as short sellers cover their positions. However, short interest is just one of many factors that can affect stock prices, and the article does not suggest an immediate price rise.
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