Looking Into Ford Motor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ford Motor's (NYSE:F) short interest has decreased by 5.18%, now representing 4.03% of its float with 144.76 million shares sold short. It would take approximately 2.75 days to cover these short positions. This decline in short interest could indicate a more bullish sentiment towards Ford among investors. Compared to its peers, Ford has a lower short interest percentage, with the average for its peer group being 11.23%.
April 01, 2024 | 3:15 pm
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Ford Motor's short interest has decreased, indicating a potentially more bullish sentiment towards the stock in the short term.
A decrease in short interest often suggests that investors are becoming more optimistic about a stock's future performance. For Ford, this reduction could reduce downward pressure on the stock price, as fewer investors are betting on its decline. Additionally, being below its peer group average in short interest could make Ford appear more favorable in comparison.
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