How Is The Market Feeling About Marriott Intl?
Portfolio Pulse from Benzinga Insights
Marriott Intl's (NYSE:MAR) short percent of float has fallen 9.21% since its last report, indicating a decrease in bearish sentiment. The company has 6.46 million shares sold short, which is 2.86% of all regular shares available for trading. Compared to its peers, Marriott has less short interest as a percentage of float, with the average being 6.61%.
September 29, 2023 | 4:15 pm
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Decrease in short interest suggests less bearish sentiment towards Marriott Intl. This could potentially lead to a rise in stock price in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest suggests that traders are less bearish on the stock, which could potentially lead to a rise in the stock price in the short term.
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