Peering Into Prudential Financial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Prudential Financial's (NYSE:PRU) short percent of float has fallen 7.43% since its last report, with 4.98 million shares sold short, which is 1.37% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. However, compared to its peers, Prudential Financial has less short interest.
September 05, 2023 | 2:30 pm
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Decrease in short interest in Prudential Financial could indicate a more bullish sentiment towards the stock.
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. Therefore, the decrease in short interest in Prudential Financial could potentially lead to an increase in its stock price.
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