Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Peering Into General Motors Recent Short Interest

Benzinga Insights
August 12, 2022

 

General Motors (NYSE:GM) short percent of float has fallen 17.33% since its last report. The company recently reported that it has 25.89 million shares sold short, which is 1.86% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.6 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.

See Also: List of the most shorted stocks

General Motors Short Interest Graph (3 Months)

short_fig

As you can see from the chart above the percentage of shares that are sold short for General Motors has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.

Comparing General Motors'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, General Motors's peer group average for short interest as a percentage of float is 14.96%, which means the company has less short interest than most of its peers.

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..

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

Continue Reading...

Popular

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs

BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street slipped a bit further from its record highs.

A fight to protect the dignity of Michelangelo's David raises questions about freedom of expression

FLORENCE, Italy (AP) — Michelangelo’s David has been a towering figure in Italian culture since its completion in 1504. But in the current era of the quick buck, curators worry the marble statue’s religious and political significance is being diminished by the thousands of refrigerator magnets and other souvenirs sold around Florence

Blue Chips and Billionaires Quietly Investing in "The New Oil" - Ad

They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.

Trump Reportedly Eyes Marco Rubio For VP In 2024 Presidential Bid But There Is A Hiccup Called The Constitution

In the latest development surrounding the 2024 presidential race, former President Donald Trump is reportedly considering Sen. Marco Rubio (R-Fla.) as a potential vice presidential candidate.

China lifts heavy tariffs on Australian wine as ties improve

HONG KONG (AP) — China on Thursday said it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries.

Kicking Yourself for Missing Out on Bitcoin? - Ad

Don't worry. One expert is saying another coin has 20X the potential of bitcoin. And with cryptos heating up, it could be the perfect time to get in.

Hunter Biden's tax case heads to a California courtroom as his defense seeks to have it tossed out

LOS ANGELES (AP) — Attorneys for are expected in court Wednesday in Los Angeles, where he is accused in what prosecutors call a four-year scheme to avoid paying $1.4 million in taxes while living an extravagant lifestyle.

The World's First "$20 Trillion Drug?" - Ad

One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see gains as high as 113,000%!

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

$1k/Day in Crypto - Witness the Proven Strategy Now - Ad

Ever heard of those rare, almost mythical 100x, 200x or even 300x+ returns in the crypto world? Usually, they're the stuff of luck, hinging on choosing the right altcoin at the perfect moment. But what if there was a systematic, predictable way to achieve outsized returns in crypto?

'All Hell's Gonna Break Loose' If Trump Returns To Power, Says Former RNC Chair: 'It's Not About Return To Presidency...'

"Because the man has told us what he wants to do and everyone is still walking around, especially Democrats, with their heads someplace other than in this game."

A Delta flight was cut short after a panel behind one of the engines fell off during takeoff

A flight over the weekend was cut short and the plane returned to Salt Lake City after a panel behind one of the two engines fell off during takeoff.

Coming Soon: Federal QR Codes? - Ad

Thanks to a major overhaul of the US banking system taking place today, a QR code just like this one could soon be mandatory for millions of Americans and it has the backing of the White House, Federal Reserve and Treasury. What changes do these powerful organizations have planned for your money?

VP Harris says US agencies must show their AI tools aren't harming people's safety or rights

U.S. federal agencies must show that their tools aren't harming the public, or stop using them, under new rules unveiled by the White House on Thursday.

Mark Zuckerberg's Meta Accused Of Snooping On Snapchat, YouTube, And Amazon User Traffic Data To Gain Competitive Edge: Report

Meta Platforms, formerly Facebook, is accused of decrypting and analyzing Snapchat user traffic through "Project Ghostbusters" to gain competitive insights, according to unsealed court documents.

Put $20 in This Coin Before April 19, 2024 - Ad

The entire crypto market is going to experience a lucrative event on April 19th, 2024. And one coin is set to soar 20X bigger than Bitcoin.

Wall Street's Most Accurate Analysts Say Hold These 3 Tech And Telecom Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

2 crew members die during 'incident' on Holland America cruise ship

FORT LAUDERDALE, Fla. (AP) — Two crew members on a Holland America cruise ship died during an “incident” in the ship's engineering space, the cruise line said.

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Trump Media's Stock Rockets 19% In Premarket Ahead Of Nasdaq Debut: What's Going On?

However, skeptics question the valuation's justification, particularly in light of Digital World's significant rally this year.

This Masterclass Will Redefine Your Approach to Crypto Trading - Ad

Whether you're a seasoned trader or new to crypto, this method is designed for all, requiring no previous experience or in-depth knowledge of the crypto market. Don't miss out -- spots are filling rapidly for this once-in-a-lifetime event.

Little Rock, Arkansas, airport executive director shot by federal agents dies from injuries

LITTLE ROCK, Ark. (AP) — The executive director of Little Rock's airport who was injured earlier this week in a shootout with federal agents serving a search warrant at his home has died.

The Next Big Leap in AI: "IMPERIUM" - Ad

Bill Gates, Jeff Bezos, and Mark Zuckerberg are pouring millions into it. (Gates even tweeted it's "one of the most powerful technologies of the 21st century!") And you can invest in this new technology, which we call Imperium, right alongside them ... starting with just $10.

Angela Chao, Mitch McConnell's sister-in-law, was drunk when she drove into pond, police say

JOHNSON CITY, Texas (AP) — Angela Chao, a shipping industry CEO and sister-in-law to Senate Minority Leader Mitch McConnell, was intoxicated when she drove into a pond and died last month in Texas, according to a law enforcement report released Wednesday.

Binance executive detained in Nigeria amid a crypto crackdown has escaped custody

KADUNA, Nigeria (AP) — An executive of cryptocurrency exchange Binance has escaped custody in Nigeria, where a criminal investigation has been launched against the platform accused of being used for money laundering, authorities said Monday.

CRITICAL May 1st Warning - Ad

Jason Bodner is going public today with an urgent new warning. He believes the most popular investment of 2024 is set to pop... And it could all start just days from now. This has NOTHING to do with A.I. stocks... It has NOTHING to do with crypto currency... And it has NOTHING to do with high-flying tech stocks. Instead, this corner of the market you likely have cash parked in has swelled to nearly $6 trillion.

2 men arrested over an Irish gas station explosion that killed 10 in 2022

LONDON (AP) — Two men were arrested Friday in connection with a that killed 10 people and tore apart the heart of a village in northwestern Ireland, police said.

On Location at My No. 1 A.I. Stock Pick - Ad

In this video, I go on location to share the name, ticker symbol, and story behind my #1 A.I. stock pick. I can almost guarantee you've never heard of this company -- but soon you, your friends, and your family will likely all be using it.

South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost

COLUMBIA, S.C. (AP) — A wide-ranging bill backers say will ensure South Carolina has plenty of electric power passed a key vote Wednesday in the House, but opponents complained it would roll back after a proposed nuclear plant never generated a watt of power.

The Last Crypto Bull Market Has Begun - Ad

This crypto bull market is on the verge of a full-on panic. And if history is any indicator, smaller cryptos that get swept up in the mania have a legitimate chance to turn a small grub stake. Now, I've found a set of smaller cryptos that I think are going to soar in this crypto Melt-Up.

Dutch leader is visiting Beijing for talks on Ukraine, Gaza and restrictions on high-tech exports

BEIJING (AP) — Dutch Prime Minister Mark Rutte is meeting with Chinese leaders Wednesday for talks that are expected to include the wars in Ukraine and Gaza and Dutch restrictions on the export of semiconductor manufacturing equipment to China.

America's Cash Bubble Set to Burst on May 1, 2024 - Ad

For the first time I've ever heard of... we know the exact day (and time) a bubble is going to burst. This is insane and something we only have access to because of Jason's findings (that he's sharing with his ultra-elite clients). To find out what the cash bubble is and why you're vulnerable to it without even realizing...

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service