Peering Into Expedia Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Expedia Group's (NYSE:EXPE) short interest has increased by 5.56% since the last report, with 6.01 million shares sold short, representing 5.32% of its float. This indicates a bearish market sentiment towards EXPE, although it has less short interest compared to its peers' average of 5.96%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.
April 04, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Expedia Group's short interest has increased, indicating a bearish sentiment but still below its peer average.
The increase in short interest suggests that investors are becoming more bearish on EXPE, potentially leading to downward pressure on the stock price in the short term. However, being below the peer average might mitigate some negative impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90