Peering Into Booking Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Booking Holdings (NYSE:BKNG) has seen a decrease in its short interest by 8.66%, with 2.11% of its shares sold short. This is lower than the peer group average of 7.30%. The decline in short interest may indicate a more bullish sentiment among investors.
October 18, 2024 | 1:45 pm
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Booking Holdings has experienced a decrease in short interest, now at 2.11% of float, which is below the peer average. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, BKNG's short interest is significantly lower than its peers, which may further support a positive outlook.
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