Looking Into Light & Wonder's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Light & Wonder (NYSE:LNW) has seen a 6.07% increase in its short percent of float, now at 4.37%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 4.27%. It would take traders 5.09 days to cover their short positions.
September 09, 2024 | 3:15 pm
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Light & Wonder's short interest has increased by 6.07%, now at 4.37% of float, indicating a bearish sentiment. It surpasses the peer average of 4.27%, suggesting more skepticism compared to its peers.
The increase in short interest suggests that investors are more bearish on Light & Wonder compared to its peers. This could lead to downward pressure on the stock price in the short term as more investors bet against it.
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