Peering Into Expedia Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Expedia Group's short interest has decreased by 3.97%, with 6.42 million shares sold short, representing 5.8% of its float. This is lower than the peer group average of 7.14%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 11, 2024 | 1:30 pm
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Expedia Group's short interest has decreased by 3.97%, with 6.42 million shares sold short, representing 5.8% of its float. This is lower than the peer group average of 7.14%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Expedia Group, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Expedia's short interest is below the peer group average, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100