Looking Into Walt Disney's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Walt Disney's short interest has decreased by 5.0%, with 20.61 million shares sold short, representing 1.14% of its float. This is lower than the peer group average of 8.40%. The decrease in short interest may indicate a more bullish sentiment towards Disney.
October 11, 2024 | 1:30 pm
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Walt Disney's short interest has decreased by 5.0%, with 20.61 million shares sold short, representing 1.14% of its float. This is lower than the peer group average of 8.40%. The decrease in short interest may indicate a more bullish sentiment towards Disney.
The decrease in short interest suggests that fewer investors are betting against Disney, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Disney's short interest is significantly lower than its peers, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100