(MAR) - Analyzing Marriott Intl's Short Interest
Portfolio Pulse from Benzinga Insights
Marriott International (NYSE: MAR) has seen a decrease in its short interest by 8.65%, with 6.36 million shares sold short, representing 2.85% of its float. This is lower than the peer group average of 7.57%. The decline in short interest could indicate a more bullish sentiment among investors.
July 19, 2024 | 3:30 pm
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Marriott International's short interest has decreased by 8.65%, now at 2.85% of its float. This is lower than the peer group average of 7.57%, potentially indicating a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Marriott, which could be interpreted as a positive signal for the stock. Additionally, the short interest is significantly lower than the peer group average, further supporting a potentially bullish outlook.
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