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%.
October 16, 2023 | 1:15 pm
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POSITIVE IMPACT
Decrease in short interest suggests less bearish sentiment towards Marriott Intl.
A decrease in short interest indicates that fewer traders are betting on the stock's price to fall, which could suggest a more positive market sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100