How Is The Market Feeling About Goldman Sachs Gr?
Portfolio Pulse from Benzinga Insights
Goldman Sachs Gr (NYSE:GS) has seen a decrease in short interest, with the short percent of float falling 3.97% since the last report, now at 1.45% of all shares available for trading. This indicates a potential shift in market sentiment towards the stock, as a decrease in short interest can signal increased bullishness among investors. Compared to its peers, Goldman Sachs has a lower short interest percentage, with the average for its peer group being 5.77%.
April 10, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs Gr's short interest has decreased, indicating a potential bullish sentiment among investors. With a lower short interest compared to its peers, this could suggest a more favorable outlook for GS in the short term.
A decrease in short interest typically indicates that investors are becoming more bullish on a stock. For Goldman Sachs, this decrease places it below the average short interest of its peers, potentially signaling stronger confidence in its short-term performance. This analysis is based on the reported decrease in short interest and its comparison with peer averages.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90