How Is The Market Feeling About Warner Bros. Discovery?
Portfolio Pulse from Benzinga Insights
Warner Bros. Discovery (NYSE:WBD) has seen a 13.58% decrease in its short percent of float, now at 5.28%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 6.63%.
August 20, 2024 | 8:30 pm
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Warner Bros. Discovery's short interest has decreased by 13.58%, now at 5.28% of float, suggesting a more bullish market sentiment compared to its peers.
The decrease in short interest suggests that investors are becoming more bullish on Warner Bros. Discovery. With a short interest lower than its peers, this could lead to a positive short-term impact on the stock price as bearish sentiment decreases.
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