Peering Into Liberty Broadband's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Liberty Broadband's (NYSE:LBRDA) short interest has risen by 15.23%, now accounting for 2.8% of its float. This increase in short interest could indicate bearish sentiment among investors. However, compared to its peers, Liberty Broadband has a lower short interest percentage.
June 12, 2024 | 7:15 pm
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Liberty Broadband's short interest has increased by 15.23%, now making up 2.8% of its float. This rise could indicate bearish sentiment among investors, but the company's short interest is still lower than its peers.
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. However, the fact that its short interest is lower than its peers might mitigate some of this negative sentiment.
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