Peering Into Viasat's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Viasat (NYSE:VSAT) has seen a 15.99% increase in its short percent of float, now at 17.84% of all regular shares available for trading. This is significantly higher than its peer group average of 7.38%. The high short interest could indicate bearish sentiment but also presents a potential for a short squeeze.
August 14, 2024 | 3:30 pm
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Viasat's short interest has increased by 15.99%, now at 17.84% of its float, significantly higher than its peers. This could indicate bearish sentiment but also presents a potential for a short squeeze.
The significant increase in short interest suggests that investors are bearish on Viasat. However, the high short interest also means there is potential for a short squeeze, which could drive the stock price up if short sellers rush to cover their positions.
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