20% reduction in short interest in last 3 weeks / 4.5 days cover8 Apr 2026 13:47
Asked Gemini about WPP shorts :
"As of early April 2026, the short interest in WPP PLC has seen significant activity following a challenging period for the company’s share price and a major strategic overhaul.
Current Short Interest Overview : According to the latest filings and market data as of April 8, 2026:Short Percent of Float: Approximately 1.37% to 1.4%.Total Shares Sold Short: Roughly 2.92 million shares (for the NYSE-listed ADRs).Days to Cover: 4.5 days, based on average trading volumes.
Recent Trend: Short interest actually decreased by nearly 20% in the most recent reporting period (mid-March to early April 2026), suggesting some short sellers are taking profits or closing positions following the stock's steep decline.
Note on BlackRock: A recent filing shows BlackRock reduced its total voting rights to 6.88%. Their "short" position of 1.97% is composed of financial instruments like CFDs and securities lending, which are often used for hedging rather than pure directional short betting"