(GM) - Analyzing General Motors's Short Interest
Portfolio Pulse from Benzinga Insights
General Motors (NYSE:GM) has seen a 10.09% decrease in its short interest, now at 3.12% of its float, which is lower than its peers' average of 8.15%. This suggests a more bullish sentiment towards GM compared to its peers.
October 21, 2024 | 4:30 pm
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General Motors has experienced a 10.09% decrease in short interest, now at 3.12% of its float. This is lower than the peer average of 8.15%, indicating a more bullish sentiment towards GM.
The decrease in short interest suggests that investors are less bearish on GM compared to its peers, which could lead to a positive short-term impact on its stock price.
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