(BYON) - Analyzing Beyond's Short Interest
Portfolio Pulse from Benzinga Insights
Beyond (NYSE:BYON) has seen its short percent of float rise by 18.73% since its last report, with 3.81 million shares sold short, representing 8.43% of all regular shares available for trading. This increase in short interest could indicate bearish sentiment among investors.
June 04, 2024 | 6:30 pm
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Beyond (NYSE:BYON) has experienced an 18.73% increase in short interest, with 3.81 million shares sold short, representing 8.43% of its float. This could indicate bearish sentiment among investors.
The increase in short interest suggests that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100