Looking Into WR Berkley's Recent Short Interest
Portfolio Pulse from Benzinga Insights
WR Berkley's short interest has risen by 11.41%, with 5.90 million shares sold short, representing 2.93% of its float. This is higher than the peer group average of 2.07%. It would take traders 6.01 days to cover their short positions.
June 14, 2024 | 4:45 pm
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WR Berkley's short interest has increased by 11.41%, with 5.90 million shares sold short, representing 2.93% of its float. This is higher than the peer group average of 2.07%. It would take traders 6.01 days to cover their short positions.
The increase in short interest suggests that investors are becoming more bearish on WR Berkley compared to its peers. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100