Peering Into HP's Recent Short Interest
Portfolio Pulse from Benzinga Insights
HP's short interest has decreased by 5.4%, with 42.82 million shares sold short, representing 5.08% of its float. This is lower than its peers' average short interest of 7.64%. The decrease in short interest may indicate a more bullish sentiment towards HP.
October 25, 2024 | 3:00 pm
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HP's short interest has decreased by 5.4%, with 42.82 million shares sold short, representing 5.08% of its float. This is lower than its peers' average short interest of 7.64%. The decrease in short interest may indicate a more bullish sentiment towards HP.
The decrease in short interest suggests that investors are becoming less bearish on HP, which could lead to a positive impact on the stock price. Additionally, HP's short interest is lower than its peers, which may further support a bullish sentiment.
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