(LBRDA) - Analyzing Liberty Broadband's Short Interest
Portfolio Pulse from Benzinga Insights
Liberty Broadband's short interest has increased by 10.47%, with 3.06% of its float sold short. This is below the peer group average of 9.70%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
August 29, 2024 | 5:30 pm
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NEUTRAL IMPACT
Liberty Broadband's short interest has increased by 10.47%, now at 3.06% of its float. This is lower than the peer average of 9.70%, suggesting less bearish sentiment compared to peers.
The increase in short interest suggests a rise in bearish sentiment, but since it's below the peer average, it indicates relatively less concern among investors compared to its peers. This mixed signal results in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100