Peering Into Visa's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Visa Inc. (NYSE:V) has seen a decrease in short interest, with the short percent of float falling 4.95% since the last report. The company has 30.33 million shares sold short, which is 1.92% of available shares for trading. The average time to cover these short positions is 5.86 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Visa's short interest is below its peer group average of 5.72%.
January 11, 2024 | 6:30 pm
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Visa's short interest has decreased, which may suggest 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 indicates that investors are less bearish on the stock, which can lead to a positive perception and potentially an increase in stock price. However, short interest is just one of many factors that can affect stock prices, and the article does not guarantee a rise in Visa's stock price in the near term.
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