Peering Into Marsh & McLennan's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Marsh & McLennan's (NYSE:MMC) short percent of float has fallen 20.34% since its last report, with 2.31 million shares sold short, which is 0.47% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term.
July 28, 2023 | 7:45 pm
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NEUTRAL IMPACT
Decrease in short interest could indicate a shift in market sentiment towards Marsh & McLennan.
A decrease in short interest can often signal a shift in market sentiment towards a stock. However, it does not necessarily mean that the stock price will rise in the near term. Therefore, while this news is relevant to Marsh & McLennan, its impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100