How Is The Market Feeling About Mattel?
Portfolio Pulse from Benzinga Insights
Mattel's short interest has decreased by 5.49%, with 13.77 million shares sold short, representing 6.37% of its float. This is lower than the peer group average of 8.22%, indicating a relatively bullish sentiment towards Mattel compared to its peers.
September 03, 2024 | 6:15 pm
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Mattel's short interest has decreased by 5.49%, with 13.77 million shares sold short, representing 6.37% of its float. This is lower than the peer group average of 8.22%, indicating a relatively bullish sentiment towards Mattel compared to its peers.
The decrease in short interest suggests that investors are less bearish on Mattel compared to its peers, which could lead to a positive short-term impact on its stock price. The lower short interest relative to peers indicates a more bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100