(EXPE) - Analyzing Expedia Group's Short Interest
Portfolio Pulse from Benzinga Insights
Expedia Group's (NYSE:EXPE) short interest has decreased by 42.75% since the last report, with 5.38 million shares sold short, representing 4.66% of available shares. The current short interest is below the peer group average of 7.63%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.
January 01, 2024 | 7:30 pm
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Expedia Group's short interest has significantly decreased, which may indicate a more bullish sentiment among investors and could potentially lead to a short-term positive impact on the stock price.
A decrease in short interest typically suggests that investors are less bearish on the stock, which could lead to a decrease in selling pressure and a potential increase in the stock price. However, short interest is just one of many factors that can affect stock prices, and the article cautions that this does not guarantee a near-term price rise.
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