Looking Into WNS (Hldgs)'s Recent Short Interest
Portfolio Pulse from Benzinga Insights
WNS (Hldgs)'s (NYSE:WNS) short interest has decreased by 14.2%, with 592 thousand shares sold short, representing 1.45% of its float. This decline in short interest, which now requires 3.51 days on average to cover, could indicate a more bullish sentiment towards WNS compared to its peers, where the average short interest as a percentage of float is 4.31%.
February 02, 2024 | 3:15 pm
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WNS (Hldgs)'s short interest has decreased significantly, indicating a potential increase in bullish sentiment among investors.
A decrease in short interest typically suggests that investors are less bearish on the stock, potentially leading to an increase in its price in the short term. Given that WNS's short interest is significantly below its peer group average, this could be interpreted as a positive signal by the market.
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