Looking Into Morningstar's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Morningstar's short interest has decreased by 12.7%, with 147,000 shares sold short, representing 0.55% of its float. This is lower than the peer group average of 3.00%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 31, 2024 | 5:00 pm
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Morningstar's short interest has decreased by 12.7%, with 147,000 shares sold short, representing 0.55% of its float. This is lower than the peer group average of 3.00%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Morningstar compared to its peers, which could lead to a positive short-term impact on the stock price. The lower short interest relative to peers indicates a more favorable market sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100