Peering Into Arch Capital Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Arch Capital Group's (NASDAQ:ACGL) short percent of float has fallen 26.38% since its last report, with 3.83 million shares sold short, which is 1.2% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Arch Capital Group has less short interest.
June 28, 2023 | 3:30 pm
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Arch Capital Group's short interest has decreased, potentially indicating a more bullish sentiment towards the stock.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term.
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