Peering Into Interactive Brokers Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Interactive Brokers Gr (NYSE:IBKR) has seen a 15.55% increase in short interest since its last report, with 2.85 million shares sold short, representing 2.75% of its float. This indicates a bearish sentiment among traders, although it's below the peer group average of 5.12%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearish activity.
February 06, 2024 | 6:30 pm
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Interactive Brokers Gr's short interest has increased by 15.55%, indicating a bearish sentiment among traders. However, it remains below the peer average, suggesting a relatively stronger position.
The increase in short interest for IBKR suggests that traders are betting against the stock, which could lead to downward pressure on its price in the short term. However, being below the peer average in short interest might mitigate some negative impact, indicating a mixed sentiment among investors.
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