How Is The Market Feeling About Futu Hldgs?
Portfolio Pulse from Benzinga Insights
Futu Holdings (NYSE:FUTU) has seen a 3.6% increase in its short percent of float, now at 4.32%. This indicates a bearish sentiment among investors compared to its peers, whose average short interest is 3.28%.
October 02, 2024 | 5:30 pm
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Futu Holdings has experienced a 3.6% increase in short interest, now at 4.32% of its float, indicating a bearish sentiment compared to its peers.
The increase in short interest suggests that investors are more bearish on Futu Holdings compared to its peers, which could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100