Looking Into UMB Financial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
UMB Financial's short interest has risen by 204.11% since its last report, with 1.71 million shares sold short, representing 4.44% of its float. This increase in short interest could indicate bearish sentiment among investors. However, UMB Financial's short interest is still below the peer group average of 5.04%.
June 03, 2024 | 6:30 pm
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NEGATIVE IMPACT
UMB Financial's short interest has increased by 204.11%, now at 4.44% of its float. This could indicate bearish sentiment, but it's still below the peer average of 5.04%.
The significant increase in short interest suggests that investors are becoming more bearish on UMB Financial. However, the short interest is still below the peer average, which may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100