Looking Into Comcast's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Comcast's short interest has decreased by 4.58%, with 55.78 million shares sold short, representing 1.46% of its float. This is lower than its peers' average short interest of 10.02%. The decline in short interest may indicate a more bullish sentiment towards Comcast.
August 22, 2024 | 6:30 pm
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Comcast's short interest has decreased by 4.58%, with 55.78 million shares sold short, representing 1.46% of its float. This is lower than its peers' average short interest of 10.02%. The decline in short interest may indicate a more bullish sentiment towards Comcast.
The decrease in short interest suggests that investors are less bearish on Comcast compared to its peers, which have a higher average short interest. This could indicate a potential positive sentiment shift, possibly leading to a short-term price increase.
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