(COST) - Analyzing Costco Wholesale's Short Interest
Portfolio Pulse from Benzinga Insights
Costco Wholesale's short interest has decreased by 4.35%, with 6.82 million shares sold short, representing 1.54% of its float. This is lower than its peers' average short interest of 3.93%. The decrease in short interest may indicate a more bullish sentiment towards Costco.
October 15, 2024 | 3:30 pm
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Costco's short interest has decreased by 4.35%, now at 1.54% of its float, which is lower than its peers' average. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests that fewer investors are betting against Costco, which can be interpreted as a positive sentiment shift. Additionally, Costco's short interest is lower than its peers, further supporting a potential bullish outlook.
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