(TM) - Analyzing Toyota Motor's Short Interest
Portfolio Pulse from Benzinga Insights
Toyota Motor's short interest has decreased by 16.67%, with 620,000 shares sold short, representing 0.05% of its float. This is lower than the peer group average of 8.30%. The decrease in short interest may indicate a more bullish sentiment towards Toyota.
October 14, 2024 | 4:15 pm
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Toyota Motor's short interest has decreased by 16.67%, indicating a potential shift towards a more bullish market sentiment. The current short interest is 0.05% of the float, which is significantly lower than the peer average of 8.30%.
The decrease in short interest suggests that fewer investors are betting against Toyota, which could indicate a more positive outlook on the stock. This is further supported by the fact that Toyota's short interest is much lower than the peer average, potentially making it more attractive to investors.
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