How Is The Market Feeling About Intercontinental Exchange?
Portfolio Pulse from Benzinga Insights
Intercontinental Exchange (NYSE:ICE) has seen a 5.05% increase in its short percent of float, now at 1.04% of available shares. This indicates a rise in bearish sentiment, though ICE's short interest is still below the peer group average of 2.96%.
November 01, 2024 | 8:30 pm
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Intercontinental Exchange's short interest has increased by 5.05%, now at 1.04% of float, indicating a rise in bearish sentiment. However, its short interest remains below the peer average of 2.96%.
The increase in short interest suggests a rise in bearish sentiment towards ICE, which could negatively impact its stock price in the short term. However, since its short interest is still below the peer average, the impact might be moderated.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100