Peering Into First American Financial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
First American Financial (NYSE:FAF) has seen a 9.43% increase in its short percent of float, now at 1.16 million shares sold short, or 1.16% of its float. This is below the peer group average of 2.18%. The increase in short interest could indicate bearish sentiment.
August 01, 2024 | 8:45 pm
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First American Financial (NYSE:FAF) has experienced a 9.43% increase in short interest, now at 1.16% of its float. This is lower than the peer group average of 2.18%. The rise in short interest could indicate bearish sentiment among investors.
The increase in short interest suggests that more investors are betting against the stock, which could indicate bearish sentiment. However, the short interest is still below the peer group average, which may mitigate some of the negative impact.
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