How Is The Market Feeling About AGBA Group Holding?

How Is The Market Feeling About AGBA Group Holding?

Benzinga ·  05/22 12:15

AGBA Group Holding's (NYSE:AGBA) short percent of float has risen 6523.08% since its last report. The company recently reported that it has 1.55 million shares sold short, which is 8.61% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.


Why Short Interest Matters


Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.


Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.


List of the most shorted stocks


AGBA Group Holding Short Interest Graph (3 Months)

AGBA 集团持有短期利率图表(3 个月)


As you can see from the chart above the percentage of shares that are sold short for AGBA Group Holding has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.

从上面的图表中可以看出,自上次报告以来,AGBA Group Holding卖空股票的百分比有所增加。这并不意味着该股将在短期内下跌,但交易者应意识到有更多股票被做空。

Comparing AGBA Group Holding's Short Interest Against Its Peers


Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.


According to Benzinga Pro, AGBA Group Holding's peer group average for short interest as a percentage of float is 4.08%, which means the company has more short interest than most of its peers.

根据Benzinga Pro的数据,AGBA集团控股的同行集团平均空头利率占浮动量的百分比为4.08%,这意味着该公司的空头利率比大多数同行都要多。

Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it.

你知道增加空头利息实际上可以看涨股票吗?这篇由Benzinga Money撰写的文章解释了如何从中获利。

This article was generated by Benzinga's automated content engine and was reviewed by an editor.


声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息