Looking Into American Intl Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
American Intl Gr's (NYSE:AIG) short percent of float has risen 5.38% since its last report, with 6.25 million shares sold short, which is 0.98% of all regular shares available for trading. It would take traders 2.02 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, AIG's short interest as a percentage of float is less than its peer group average of 1.66%.
September 28, 2023 | 6:00 pm
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The increase in short interest in AIG could indicate a bearish sentiment among investors. However, its short interest as a percentage of float is less than its peer group average.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. An increase in short interest can signal that investors have become more bearish. However, AIG's short interest as a percentage of float is less than its peer group average, which could mean that the bearish sentiment is not as strong as it appears.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100