(RJF) - Analyzing Raymond James Finl's Short Interest
Portfolio Pulse from Benzinga Insights
Raymond James Finl's (NYSE:RJF) short interest has increased by 10.73% since the last report, with 4.26 million shares sold short, representing 2.58% of its float. It would take about 4.23 days to cover all short positions based on current trading volume. This rise in short interest indicates a more bearish market sentiment towards RJF, although it has less short interest compared to its peer group average of 5.60%.
April 17, 2024 | 4:45 pm
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Raymond James Finl's short interest has risen, indicating a bearish market sentiment but still below peer average.
The increase in short interest for RJF suggests that investors are becoming more bearish on the stock, potentially leading to downward pressure on its price in the short term. However, being below the peer average might mitigate some negative perceptions, indicating a mixed impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90