Looking Into Hilton Worldwide Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hilton Worldwide Holdings (NYSE:HLT) has seen a 6.47% increase in its short percent of float, now at 1.48% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Hilton's short interest is lower, with the peer group average at 6.91%.
June 11, 2024 | 3:00 pm
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Hilton Worldwide Holdings has experienced a 6.47% increase in short interest, now at 1.48% of its float. This suggests a rise in bearish sentiment, although its short interest remains below the peer group average of 6.91%.
The increase in short interest indicates a rise in bearish sentiment among investors, which could put downward pressure on the stock price in the short term. However, the short interest is still lower than the peer group average, which may mitigate some of the negative impact.
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