Peering 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. The company's short interest is less than its peer group average of 1.66%.
October 17, 2023 | 3:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Increased short interest in AIG could indicate bearish market sentiment, but it's less than its peer group average.
The increase in short interest in AIG indicates that traders are expecting the stock price to fall. However, the fact that AIG's short interest is less than its peer group average could mean that the bearish sentiment is not as strong as it is for other companies in the same sector.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100