Peering Into Bank of New York Mellon's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Bank of New York Mellon's (NYSE:BK) short interest has risen by 6.84%, with 9.37 million shares sold short, representing 1.25% of its float. This increase in short interest could indicate bearish sentiment among investors.
June 14, 2024 | 4:00 pm
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Bank of New York Mellon's short interest has increased by 6.84%, with 9.37 million shares sold short, representing 1.25% of its float. This could indicate bearish sentiment among investors.
The increase in short interest suggests that more investors are betting against the stock, which could lead to downward pressure on the stock price in the short term.
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