Peering Into Ally Financial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ally Financial's short interest has decreased by 5.0%, with 8.06 million shares sold short, representing 2.66% of its float. This is lower than the peer group average of 8.02%. The decrease in short interest suggests a more bullish sentiment among investors.
July 22, 2024 | 3:15 pm
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Ally Financial's short interest has decreased by 5.0%, now at 2.66% of its float. This suggests a more bullish sentiment among investors compared to its peers, whose average short interest is 8.02%.
The decrease in short interest indicates that fewer investors are betting against Ally Financial, suggesting a more positive outlook. This is further supported by the fact that its short interest is significantly lower than the peer group average.
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