Peering Into Liberty Formula One Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Liberty Formula One Gr (NYSE:FWONA) has seen a 20.31% decrease in short interest, with 354,000 shares sold short, representing 1.53% of its float. This is lower than its peers' average short interest of 7.47%.
August 30, 2024 | 4:30 pm
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Liberty Formula One Gr's short interest has decreased by 20.31%, now at 1.53% of its float, which is lower than its peers' average of 7.47%. This suggests a more bullish sentiment compared to its peers.
The decrease in short interest by 20.31% suggests that traders are less bearish on FWONA compared to before. With its short interest at 1.53% of float, which is significantly lower than the peer average of 7.47%, it indicates a relatively more positive market sentiment towards FWONA. This could lead to a short-term positive impact on the stock price.
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IMPORTANCE 70
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