(KEY) - Analyzing KeyCorp's Short Interest
Portfolio Pulse from Benzinga Insights
KeyCorp's (NYSE:KEY) short interest has decreased by 16.33% since the last report, with 40.44 million shares sold short, representing 4.92% of available shares. The short interest is higher than the peer group average of 1.24%. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.
December 06, 2023 | 3:45 pm
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KeyCorp's short interest has decreased, which may indicate a more bullish sentiment among investors. However, this does not guarantee an immediate increase in stock price.
A decrease in short interest typically suggests that investors are less bearish on the stock, which could lead to a potential increase in stock price in the short term. However, the impact is not certain as other market factors could influence the stock's performance.
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