Peering Into Fidelity National Info's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Fidelity National Info (NYSE:FIS) has seen a 12.75% increase in short interest since the last report, with 9.92 million shares sold short, representing 1.68% of available shares. The short interest is below the peer group average of 6.00%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.
January 02, 2024 | 8:30 pm
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Fidelity National Info's short interest has increased, but remains below the peer group average. This could indicate bearish sentiment but doesn't guarantee a price drop.
The increase in short interest suggests that some investors are bearish on FIS. However, since the short interest is below the peer average and the article suggests that increasing short interest can sometimes be bullish, the short-term impact on the stock price is uncertain.
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IMPORTANCE 50
RELEVANCE 100