Peering Into Jackson Finl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Jackson Financial (NYSE:JXN) has seen a 15.82% increase in its short percent of float, now at 5.93%. This indicates a bearish sentiment among investors, as it would take 6.28 days to cover these short positions. Compared to its peers, Jackson Financial has a higher short interest.
July 02, 2024 | 6:45 pm
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Jackson Financial has experienced a significant increase in short interest, now at 5.93% of its float. This suggests a bearish sentiment among investors, as it would take 6.28 days to cover these short positions. Compared to its peers, Jackson Financial has a higher short interest.
The significant increase in short interest indicates a bearish sentiment among investors. This could lead to downward pressure on the stock price in the short term, especially since it has a higher short interest compared to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100