How Is The Market Feeling About Beyond?
Portfolio Pulse from Benzinga Insights
Beyond (NYSE:BYON) has seen a rise in its short percent of float by 11.45%, with 6.34 million shares sold short, representing 14.02% of its float. This indicates increased bearish sentiment, although its short interest is below the peer average of 17.32%.
October 30, 2024 | 2:45 pm
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Beyond's short interest has increased to 14.02% of its float, indicating a rise in bearish sentiment. However, this is still below the peer average of 17.32%.
The increase in short interest suggests that investors are becoming more bearish on Beyond, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be less severe.
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