Looking Into Travelers Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Travelers Companies's (NYSE:TRV) short percent of float has fallen 12.7% since its last report, with 2.52 million shares sold short, which is 1.1% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Travelers Companies has less short interest.
September 13, 2023 | 7:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Travelers Companies. The company's short interest is also lower than most of its peers.
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. In the case of Travelers Companies, the short percent of float has fallen 12.7%, which could indicate that investors are less bearish on the stock. Additionally, the company's short interest is lower than most of its peers, which could further indicate a more positive sentiment.
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