How Is The Market Feeling About Liberty Formula One Gr?
Portfolio Pulse from Benzinga Insights
Liberty Formula One Gr (NYSE:FWONK) has seen a 15.79% increase in its short percent of float, now at 2.42% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.76%.
August 26, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Liberty Formula One Gr's short interest has increased by 15.79%, indicating a rise in bearish sentiment. However, its short interest remains below the peer average, suggesting less bearishness compared to peers.
The increase in short interest suggests that investors are becoming more bearish on FWONK. However, since the short interest is still below the peer average, the bearish sentiment is not as strong as it could be. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100