Peering Into Hyatt Hotels's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hyatt Hotels (NYSE:H) has seen a 5.59% increase in its short percent of float, now at 9.44%. This indicates a bearish sentiment among investors, as it would take 8.53 days to cover these short positions. Compared to its peers, Hyatt has a higher short interest percentage.
June 26, 2024 | 4:15 pm
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Hyatt Hotels has experienced a 5.59% increase in short interest, now at 9.44% of its float. This suggests a bearish sentiment among investors, as it would take 8.53 days to cover these short positions. Compared to its peers, Hyatt has a higher short interest percentage.
The increase in short interest indicates that more investors are betting against Hyatt Hotels, which could lead to downward pressure on the stock price in the short term. The higher short interest compared to peers further emphasizes the bearish sentiment.
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