(AON) - Analyzing Aon's Short Interest
Portfolio Pulse from Benzinga Insights
Aon's (NYSE:AON) short percent of float has fallen 4.21% since its last report, with 1.84 million shares sold short, which is 0.91% of all regular shares available for trading. It would take traders 3.29 days to cover their short positions on average. Aon's peer group average for short interest as a percentage of float is 3.44%, which means the company has less short interest than most of its peers.
August 04, 2023 | 3:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Aon's short interest has decreased, indicating a potentially more bullish sentiment towards the stock. However, this does not necessarily mean the stock price will rise in the near term.
Short interest is an indicator of market sentiment. A decrease in short interest can signal a more bullish sentiment towards a stock. However, this does not necessarily translate into an immediate increase in stock price. It's also worth noting that Aon has less short interest than most of its peers, which could be interpreted as a positive sign compared to its competitors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100