Looking Into Marriott Intl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Marriott International (NYSE: MAR) has seen a 5.22% decrease in its short percent of float, now at 2.36% of all regular shares available for trading. This is lower than the peer group average of 7.00%. It would take traders 3.94 days to cover their short positions based on current trading volume.
May 15, 2024 | 5:15 pm
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Marriott International's short interest has decreased by 5.22%, now at 2.36% of float, which is lower than its peers' average of 7.00%. This indicates a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Marriott, which can be interpreted as a positive signal for the stock. Additionally, the short interest is significantly lower than the peer group average, further indicating a relatively bullish sentiment.
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