Looking Into MetLife's Recent Short Interest
Portfolio Pulse from Benzinga Insights
MetLife's (NYSE:MET) short percent of float has fallen 16.22% since its last report, with 7.81 million shares sold short, which is 1.24% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards MetLife. Compared to its peers, MetLife has less short interest as a percentage of float, with an average of 2.57%.
September 08, 2023 | 4:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards MetLife, potentially impacting its stock price positively.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock, which could lead to an increase in its price. MetLife's short interest has decreased, which could potentially lead to a positive impact on its stock price.
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