Looking Into VF's Recent Short Interest
Portfolio Pulse from Benzinga Insights
VF Corporation's (NYSE:VFC) short interest has increased by 10.25% since the last report, with 29.00 million shares sold short, representing 8.39% of its float. It would take approximately 4.11 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards VF, although it's not a definitive predictor of stock price movement. VF's short interest is slightly below its peer group average of 8.80%.
March 21, 2024 | 4:30 pm
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VF Corporation's short interest has increased, indicating a bearish market sentiment. However, it's below the peer average, suggesting a relatively stronger position.
The increase in short interest suggests that investors are becoming more bearish on VFC, potentially leading to downward pressure on the stock price in the short term. However, being below the peer average indicates a relatively stronger position among competitors, which might mitigate some negative impacts.
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