Looking Into Arthur J. Gallagher's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Arthur J. Gallagher's (NYSE:AJG) short percent of float has fallen 11.0% since its last report, with 1.64 million shares sold short, which is 0.89% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards AJG. Compared to its peers, AJG has less short interest as a percentage of float, with an average of 3.42%.
July 04, 2023 | 2:46 pm
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Decrease in short interest could indicate a more bullish sentiment towards Arthur J. Gallagher.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100