Looking Into Rambus's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Rambus (NYSE:RMBS) has seen a 12.92% decrease in its short percent of float, now at 4.38% of all regular shares available for trading. This is lower than the peer group average of 9.38%. The decline in short interest could indicate a more bullish sentiment among investors.
June 07, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rambus's short interest has decreased by 12.92%, now at 4.38% of float, which is lower than its peers' average of 9.38%. This could indicate a more bullish sentiment among investors.
The significant decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, Rambus's short interest is lower than the peer group average, further supporting a potentially bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100