Looking Into Grab Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Grab Holdings (NYSE:GRAB) has seen a 10.67% decrease in its short percent of float, now at 2.26%. This is lower than its peers' average of 11.41%. The decrease in short interest may indicate a more bullish sentiment among investors.
November 01, 2024 | 4:30 pm
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Grab Holdings has experienced a 10.67% decrease in short interest, now at 2.26% of float, which is below the peer average of 11.41%. This could suggest a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Grab Holdings, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Grab's short interest is significantly lower than its peers, potentially making it more attractive to investors.
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