Looking Into Charles Schwab's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Charles Schwab's short interest has increased by 10.31%, with 17.87 million shares sold short, representing 1.07% of its float. This is lower than the peer group average of 3.43%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 14, 2024 | 4:45 pm
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Charles Schwab's short interest has increased by 10.31%, with 17.87 million shares sold short, representing 1.07% of its float. This is lower than the peer group average of 3.43%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since the short interest is still below the peer average, it may not have a significant negative impact on the stock price. The market sentiment could be mixed, leading to a neutral short-term impact.
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IMPORTANCE 70
RELEVANCE 100