Peering Into F N B's Recent Short Interest
Portfolio Pulse from Benzinga Insights
F N B Corporation (NYSE:FNB) has seen a 9.04% increase in its short percent of float since the last report, with 10.53 million shares sold short, representing 3.86% of its available trading shares. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. F N B's short interest is slightly above its peer group average of 3.77%.
April 25, 2024 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
F N B Corporation's short interest has increased, indicating a bearish sentiment among investors. However, this is not a guaranteed predictor of future stock performance.
The increase in short interest suggests that investors are more bearish on FNB, potentially leading to downward pressure on the stock price in the short term. However, the actual impact on the stock price will depend on broader market conditions and company performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100