Looking Into Royal Gold's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Royal Gold's short interest has decreased by 3.44%, with 2.22 million shares sold short, representing 5.06% of its float. This is higher than its peers' average of 3.24%. The decrease in short interest may indicate a more bullish sentiment.
October 14, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Royal Gold's short interest has decreased by 3.44%, with 2.22 million shares sold short, representing 5.06% of its float. This is higher than its peers' average of 3.24%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although Royal Gold's short interest is still higher than its peers, the reduction could lead to a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100