(ACGL) - Analyzing Arch Capital Group's Short Interest
Portfolio Pulse from Benzinga Insights
Arch Capital Group (NYSE:ACGL) has seen a 10.85% increase in its short percent of float, now at 1.43% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, ACGL has a lower short interest percentage.
May 28, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Arch Capital Group's short interest has increased by 10.85%, now at 1.43% of its float. This rise in short interest suggests a bearish sentiment among investors. However, ACGL's short interest is still lower than the peer group average of 1.99%.
The increase in short interest indicates a bearish sentiment among investors, which could put downward pressure on the stock price in the short term. However, the fact that ACGL's short interest is still lower than its peers may mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100