Looking Into Unum Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Unum Group (NYSE: UNM) has seen a 4.42% increase in its short percent of float, now at 3.07% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. The company's short interest is higher than its peer group average of 2.83%.
July 01, 2024 | 6:45 pm
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Unum Group's short percent of float has increased by 4.42%, now at 3.07%, indicating a rise in bearish sentiment. This is higher than the peer group average of 2.83%.
The increase in short interest suggests that more investors are betting against Unum Group, which could lead to downward pressure on the stock price in the short term. The fact that its short interest is higher than its peers further supports this bearish outlook.
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IMPORTANCE 80
RELEVANCE 100