Looking Into Toyota Motor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Toyota Motor's short interest has increased by 20%, with 779,000 shares sold short, representing 0.06% of its float. This is lower than the peer group average of 9.41%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 31, 2024 | 6:30 pm
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Toyota Motor's short interest has increased by 20%, with 779,000 shares sold short, representing 0.06% of its float. This is lower than the peer group average of 9.41%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but the percentage of float shorted is still significantly lower than its peers. This mixed signal results in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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