(TFC) - Analyzing Truist Finl's Short Interest
Portfolio Pulse from Benzinga Insights
Truist Finl's (NYSE:TFC) short percent of float has fallen 4.0% since its last report, with 35.03 million shares sold short, which is 2.64% of all regular shares available for trading. It would take traders 3.92 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 5.30%.

July 27, 2023 | 5:45 pm
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Truist Finl's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish towards a particular stock. In the case of Truist Finl, the short percent of float has fallen 4.0% since its last report, which could indicate a more bullish sentiment towards the stock in the short term.
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