Peering Into Kinsale Cap Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Kinsale Capital Group (NYSE: KNSL) has seen a 5.81% increase in its short percent of float, now at 6.19%. This indicates a bearish sentiment among investors, as it would take 9.17 days to cover these short positions. Kinsale's short interest is higher than its peers, whose average is 1.93%.
June 26, 2024 | 5:30 pm
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Kinsale Capital Group's short interest has increased by 5.81%, now at 6.19% of its float. This suggests a bearish sentiment among investors, as it would take 9.17 days to cover these short positions. Kinsale's short interest is significantly higher than its peers' average of 1.93%.
The increase in short interest indicates a bearish sentiment among investors, which could lead to downward pressure on the stock price in the short term. The fact that Kinsale's short interest is significantly higher than its peers further supports this bearish outlook.
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