Peering Into Virginia Ntl Bankshares's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Virginia Ntl Bankshares (NYSE:VABK) has seen a 10.58% decrease in its short percent of float, now at 1.69%. This suggests a shift in market sentiment, as fewer shares are being shorted. Despite having higher short interest than its peers, the decrease could indicate a more bullish outlook.
August 22, 2024 | 7:15 pm
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Virginia Ntl Bankshares has experienced a 10.58% decrease in short interest, now at 1.69% of float. This reduction suggests a potential shift towards a more bullish market sentiment, although the company still has higher short interest compared to its peers.
The decrease in short interest by 10.58% suggests that traders are less bearish on Virginia Ntl Bankshares, which could lead to a positive short-term impact on the stock price. However, the stock still has a higher short interest compared to its peers, which may limit the bullish impact.
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