Peering Into LPL Finl Hldgs's Recent Short Interest
Portfolio Pulse from Benzinga Insights
LPL Financial Holdings (NYSE:LPLA) has seen a 5.38% increase in its short percent of float, now at 0.98%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.39%. Traders should be aware of the increased short interest.
July 26, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
LPL Financial Holdings has experienced a 5.38% increase in short interest, now at 0.98% of its float. This rise in short interest suggests growing bearish sentiment among traders, although it remains below the peer group average of 3.39%.
The increase in short interest indicates that more traders are betting against LPLA, which could put downward pressure on the stock price in the short term. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100