Looking Into Houlihan Lokey's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Houlihan Lokey's (NYSE:HLI) short interest has decreased by 24.78% since the last report, with 1.75 million shares sold short, representing 3.37% of its float. This decrease in short interest could indicate a more bullish sentiment towards HLI among traders. The current short interest is below the peer group average of 4.82%, suggesting HLI is less shorted compared to its peers.
February 22, 2024 | 8:45 pm
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Houlihan Lokey's short interest has significantly decreased, indicating a potential bullish sentiment shift among investors.
A decrease in short interest often suggests that investors are becoming more optimistic about a stock's future performance. Given that HLI's short interest is now significantly lower than its peer group average, this could indicate a stronger bullish sentiment specifically towards HLI, potentially leading to a short-term price increase.
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