Peering Into Uxin's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Uxin's short interest has decreased by 40%, with 61,000 shares sold short, representing 0.03% of its float. This is lower than its peers' average short interest of 11.70%. The decrease in short interest may indicate a more bullish sentiment towards Uxin.
October 08, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Uxin's short interest has decreased by 40%, with only 0.03% of its float sold short, significantly lower than its peers' average of 11.70%. This reduction may suggest a more bullish sentiment towards the stock.
The significant decrease in short interest suggests that traders are less bearish on Uxin, which could lead to a positive short-term impact on the stock price. The comparison with peers highlights Uxin's relatively lower short interest, further supporting a potential bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100