(FNB) - Analyzing F N B's Short Interest
Portfolio Pulse from Benzinga Insights
F N B's (NYSE:FNB) short interest has fallen by 3.81%, with 8.95 million shares sold short, representing 3.28% of its float. This is lower than the peer group average of 3.84%. It would take traders 3.96 days to cover their short positions.
July 23, 2024 | 6:00 pm
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POSITIVE IMPACT
F N B's short interest has decreased by 3.81%, now at 3.28% of its float, which is lower than the peer group average of 3.84%. This indicates a less bearish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against F N B, which can be interpreted as a positive signal for the stock. Additionally, the short interest is lower than the peer group average, further indicating a relatively bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100