(NKE) - Analyzing Nike's Short Interest
Portfolio Pulse from Benzinga Insights
Nike's short interest has decreased by 16.74%, with 19.14 million shares sold short, representing 1.99% of its float. This is lower than its peers' average of 8.00%. The decrease in short interest may indicate a more bullish sentiment towards Nike.
September 17, 2024 | 7:45 pm
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Nike's short interest has decreased by 16.74%, with 19.14 million shares sold short, representing 1.99% of its float. This is lower than its peers' average of 8.00%. The decrease in short interest may indicate a more bullish sentiment towards Nike.
The decrease in Nike's short interest suggests a shift towards a more bullish sentiment among investors. With its short interest lower than the peer average, this could indicate a positive outlook for Nike's stock price in the short term.
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