(MAR) - Analyzing Marriott Intl's Short Interest
Portfolio Pulse from Benzinga Insights
Marriott Intl's (NYSE:MAR) short interest has decreased by 5.03% since the last report, with 6.28 million shares sold short, representing 2.83% of available shares. The average time to cover these short positions is 4.59 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Marriott has a lower short interest compared to its peer group average of 6.48%.
January 24, 2024 | 5:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marriott Intl's short interest has decreased, which may suggest a more bullish sentiment among investors and could lead to a potential short-term increase in stock price.
A decrease in short interest typically indicates that investors are less bearish on the stock, which could lead to a short-term increase in stock price as short sellers cover their positions. However, the article also suggests that this does not necessarily mean the stock will rise in the near term, hence the importance is not at the maximum level.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100