Peering Into Marriott Intl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Marriott Intl's (NYSE:MAR) short percent of float has fallen 17.67% since its last report, with 4.74 million shares sold short, which is 2.05% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Marriott has less short interest, with an average of 7.88% for its peer group.
July 18, 2023 | 2:45 pm
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Marriott Intl's short percent of float has decreased, indicating a potentially more bullish sentiment. However, this does not guarantee a rise in stock price.
A decrease in short interest can indicate a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. However, this does not necessarily mean that the stock price will rise, as other factors can also influence the stock price. Compared to its peers, Marriott has less short interest, which could be seen as a positive sign. However, the impact on the stock price in the short term is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100