Examining the Latest Short Interest Trends for ING Groep NV

ING Groep NV Sees Significant Increase in Short Interest

Recent data reveals that short interest in ING Groep NV (NYSE: ING) has climbed by 33.33% since the previous report. Currently, there are 3.34 million shares held short, representing 0.12% of the total shares available for trading. At the current trading pace, it would take traders an average of 1.74 days to cover these short positions.

Understanding the Importance of Short Interest

Short interest refers to the total number of shares that have been sold short but have not yet been repurchased or closed. Short selling involves selling borrowed shares in anticipation that the stock price will decline. If the price drops, short sellers can profit; if it rises, they incur losses.

Monitoring short interest is valuable because it provides insight into investor sentiment toward a particular stock. A rise in short interest often suggests growing pessimism among investors, while a decline may indicate increasing optimism.

Short Interest Trends for ING Groep NV (Last 3 Months)

The chart above illustrates that the proportion of ING Groep NV shares sold short has increased since the last update. While this does not guarantee a near-term decline in the stock’s price, it does indicate that more traders are betting against the stock.

How ING Groep NV Compares to Its Industry Peers

Analysts and investors often compare companies to their peers—businesses with similar industry profiles, size, age, and financial structure—to assess performance. Peer groups can be identified through regulatory filings or independent research.

According to Benzinga Pro, the average short interest as a percentage of float among ING Groep NV’s peers is 0.91%. This means ING Groep NV has a lower short interest than most comparable companies.