(EXPE) - Analyzing Expedia Group's Short Interest
Portfolio Pulse from Benzinga Insights
Expedia Group's short interest has increased by 17.71%, with 6.38% of its shares sold short. This is below the peer group average of 6.97%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 29, 2024 | 1:45 pm
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Expedia Group's short interest has increased by 17.71%, with 6.38% of its shares sold short. This is below the peer group average of 6.97%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment towards Expedia Group, but since the short interest is still below the peer average, it doesn't necessarily predict a price drop. The market sentiment is mixed, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100