How Is The Market Feeling About MetLife?
Portfolio Pulse from Benzinga Insights
MetLife's (NYSE:MET) short percent of float has fallen 12.64% since its last report, indicating a more bullish sentiment towards the stock. The company has 10.22 million shares sold short, which is 1.59% of all regular shares available for trading. Compared to its peers, MetLife has less short interest as a percentage of float, with the average being 2.60%.
July 27, 2023 | 3:15 pm
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Decrease in short interest indicates a more bullish sentiment towards MetLife. This could potentially lead to an increase in stock price.
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, potentially leading to an increase in stock price.
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