How Is The Market Feeling About Etsy? - Benzinga

Category: Etsy News
Original source: Benzinga
Read time: < 2 minutes
Sentiment bias: Positive
Sentiment Score: 0.99618
Published: Aug 19th, 2022
How Is The Market Feeling About Etsy? - Benzinga

Quick Read

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.
83 million shares sold short, which is 10.
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.
See Also: List of the most shorted stocks Etsy Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Etsy has declined since its last report.

How Is The Market Feeling About Etsy? - Benzinga

Etsy's (NASDAQ:ETSY) short percent of float has fallen 14.11% since its last report. The company recently reported that it has 13.83 million shares sold short, which is 10.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.8 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 Etsy Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Etsy 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 Etsy'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, Etsy's peer group average for short interest as a percentage of float is 9.14%, which means the company has more 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.
The Original Article can be found on Benzinga

Recent Etsy News Articles

Insider Selling: Etsy, Inc. (NASDAQ:ETSY) CMO Sells 6146 Shares of Stock - MarketBeat

Etsy, Inc. (NASDAQ:ETSY - Get Rating) CMO Ryan M. Scott sold 6,146 shares of the firm's stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of …

Read more here
Insider Selling: Etsy, Inc. (NASDAQ:ETSY) CMO Sells 6146 Shares of Stock - MarketBeat
How to Sell Jewelry on Etsy - Small Business Trends

Etsy is a digital platform designed for makers and sellers and is one of the best options for selling handmade goods. Items like handmade jewelry, in particular, do very well on th …

Read more here
How to Sell Jewelry on Etsy - Small Business Trends
Astonishing Etsy Statistics 2022 - Facts, Stats, Trends and Data - Enterprise Apps Today

Introduction Etsy Statistics: Etsy is an e-commerce website that specialized in selling products out of handmade goods, various types of arts and crafts, and vintage products. The …

Read more here
Astonishing Etsy Statistics 2022 - Facts, Stats, Trends and Data - Enterprise Apps Today
Nostalgia for former Williamsport businesses leads man to start t-shirt shop - NorthcentralPA.com

A trip down memory lane led a former Loyalsock Township man to start a business selling a little bit of local nostalgia. It started with a series of visits back to the Williamspor …

Read more here
Nostalgia for former Williamsport businesses leads man to start t-shirt shop - NorthcentralPA.com
Etsy sellers form guild to promote the interests of online sellers - KGW.com

Following the Etsy sellers strike in April, organizers created the guild to promote the interests of online sellers of handmade and unique craft goods. Example video title will go …

Read more here
Etsy sellers form guild to promote the interests of online sellers - KGW.com
Latest News
Help & How To's
Around the Web