Peering Into Warner Bros. Discovery's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Warner Bros. Discovery's short interest has decreased by 11.22%, with 101.75 million shares sold short, representing 4.67% of its float. This is lower than the peer group average of 7.96%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 01, 2024 | 5:00 pm
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Warner Bros. Discovery's short interest has decreased by 11.22%, with 101.75 million shares sold short, representing 4.67% of its float. This is lower than the peer group average of 7.96%. The decrease in short interest may indicate a more bullish sentiment among investors.
The decrease in short interest suggests that investors are less bearish on Warner Bros. Discovery compared to before. With short interest below the peer average, this could indicate a shift towards a more positive outlook on the stock, potentially leading to upward price movement.
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