(AMP) - Analyzing Ameriprise Finl's Short Interest
Portfolio Pulse from Benzinga Insights
Ameriprise Financial (NYSE:AMP) has seen a decline in its short interest by 11.2%, with 949 thousand shares sold short, representing 1.11% of its float. This is lower than the peer group average of 3.48%. The decrease in short interest could indicate a more bullish sentiment among investors.
August 05, 2024 | 7:15 pm
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Ameriprise Financial's short interest has decreased by 11.2%, now at 1.11% of its float, which is lower than the peer group average of 3.48%. This could indicate a more bullish sentiment among investors.
The decline in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, the short interest is significantly lower than the peer group average, further indicating a potentially bullish sentiment.
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