Peering Into News's Recent Short Interest
Portfolio Pulse from Benzinga Insights
News Corp's (NYSE:NWSA) short interest has decreased by 4.78%, now standing at 8.27 million shares or 2.19% of float. This decline suggests a more bullish sentiment among investors compared to its peers, with an average short interest of 4.03%. The coverage time for short positions is approximately 2.09 days.

March 07, 2024 | 4:30 pm
News sentiment analysis
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News Corp's short interest has decreased, indicating a more bullish sentiment among investors.
A decrease in short interest typically indicates that investors are becoming more optimistic about a company's future performance. For News Corp, this reduction suggests that the market sentiment is improving, which could lead to a positive impact on the stock price in the short term. The comparison with peers further strengthens the case for a bullish outlook, as NWSA has a lower short interest than the average of its peer group.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90