Looking Into UBS Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
UBS Gr's short interest has increased by 55.56%, with 13.51 million shares sold short, representing 0.42% of its float. This is lower than the peer average of 1.86%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
September 02, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
UBS Gr's short interest has increased significantly, indicating a potential bearish sentiment among investors. However, its short interest is still below the peer average, suggesting less bearishness compared to peers.
The significant increase in short interest suggests that investors are becoming more bearish on UBS Gr. However, since the short interest is still below the peer average, it indicates that the bearish sentiment is not as strong as it could be. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100