Looking Into Electronic Arts's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Electronic Arts (NYSE:EA) has seen a 5.98% decrease in its short percent of float, now at 2.36% of available shares. This is lower than the peer group average of 3.78%. The decrease in short interest suggests a more bullish sentiment among investors.
September 04, 2024 | 6:15 pm
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Electronic Arts has experienced a 5.98% decrease in short interest, now at 2.36% of float, indicating a more bullish sentiment compared to its peers with an average of 3.78%.
The decrease in short interest for EA suggests that investors are becoming less bearish on the stock. With EA's short interest below the peer average, this could indicate a potential positive sentiment shift, possibly leading to upward price movement.
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