Peering Into Honda Motor Co's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Honda Motor Co's short interest has decreased by 10%, with 1.34 million shares sold short, representing 0.09% 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 Honda.
October 15, 2024 | 7:30 pm
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Honda Motor Co's short interest has decreased by 10%, with 1.34 million shares sold short, representing 0.09% 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 Honda.
The decrease in short interest suggests that investors are less bearish on Honda, which could lead to a positive impact on the stock price. The short interest is significantly lower than the peer average, indicating a relatively stronger market sentiment towards Honda.
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