How Is The Market Feeling About Goldman Sachs Gr?
Portfolio Pulse from Benzinga Insights
Goldman Sachs Gr (NYSE:GS) has seen a decrease in short interest, with the short percent of float falling 7.46% since the last report, now at 1.24% of all shares available for trading. This decline in short interest could indicate a more bullish sentiment towards GS among investors. The company's short interest is also lower than its peer group average of 4.90%, suggesting it may be performing better than its peers in this aspect.
February 21, 2024 | 6:30 pm
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Goldman Sachs Gr's short interest has decreased, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest typically suggests that investors are becoming more bullish on a stock, as fewer traders are betting on its price to fall. Given that Goldman Sachs Gr's short interest is now lower than its peer group average, this could reflect a positive sentiment towards GS, potentially leading to a short-term increase in its stock price.
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