Looking Into Royal Gold's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Royal Gold's short interest has increased by 3.36%, with 5.23% of its float sold short, higher than its peers' average of 3.47%. This indicates a bearish sentiment, but it doesn't guarantee a price drop.
October 31, 2024 | 5:15 pm
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Royal Gold's short interest has increased to 5.23% of its float, indicating a bearish sentiment compared to its peers. This could lead to increased volatility in the stock price.
The increase in short interest to 5.23% of float, higher than the peer average, suggests that investors are more bearish on Royal Gold. This could lead to downward pressure on the stock price, although it doesn't guarantee a decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100