Looking Into Sea's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Sea's short interest has decreased by 9.1%, with 15.38 million shares sold short, representing 5.99% of its float. This is higher than its peers' average of 3.26%. The decrease in short interest may indicate a more bullish sentiment.
October 16, 2024 | 1:00 pm
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Sea's short interest has decreased by 9.1%, with 15.38 million shares sold short, representing 5.99% of its float. This is higher than its peers' average of 3.26%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests that traders are less bearish on Sea, which could lead to a positive short-term impact on the stock price. Additionally, Sea's short interest is higher than its peers, which might attract attention from investors looking for potential short squeeze opportunities.
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