Peering Into Mastercard's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Mastercard's (NYSE:MA) short interest has decreased by 6.78% since the last report, with 4.52 million shares sold short, representing 0.55% of its float. This decrease in short interest could indicate a more bullish sentiment towards the stock among investors. Compared to its peers, Mastercard has a lower short interest percentage of float, with an average of 5.12% among its peers.
March 18, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mastercard's recent decrease in short interest suggests a more bullish sentiment among investors, potentially leading to positive short-term price movement.
A decrease in short interest typically indicates that investors are less bearish on a stock, which can lead to an increase in its price in the short term. Given that Mastercard's short interest has decreased significantly and is lower than its peer average, this suggests a stronger bullish sentiment towards the stock, potentially leading to positive price movement.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90