How Is The Market Feeling About Unum Gr?
Portfolio Pulse from Benzinga Insights
Unum Group's (NYSE:UNM) short interest has decreased by 14.49% since the last report, with 2.97 million shares sold short, representing 1.77% of available shares. The current short interest suggests a more bullish market sentiment towards UNM compared to its peers, with an average short interest of 2.14%. This change in short interest could influence the stock's near-term performance.
March 13, 2024 | 5:45 pm
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Unum Group's short interest has decreased, indicating a potentially more bullish sentiment towards the stock in the short term.
A decrease in short interest typically indicates that investors are less bearish on a stock, potentially leading to an increase in its price in the short term. Given that Unum Group's short interest is now lower than its peer average, this could suggest a more favorable market sentiment towards UNM, possibly driving up its stock price.
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