Peering Into Light & Wonder's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Light & Wonder (NYSE:LNW) has seen a 34.34% decrease in its short percent of float, now at 3.69%. This is lower than its peers' average of 4.83%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 04, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Light & Wonder's short interest has decreased by 34.34%, now at 3.69%, which is below the peer average of 4.83%. This reduction may suggest a shift towards a more bullish market sentiment.
The significant decrease in short interest suggests that investors are less bearish on Light & Wonder, potentially indicating a more positive outlook. This is further supported by the fact that its short interest is below the peer average, which could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100