Looking Into Western Alliance's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Western Alliance's short interest has increased by 3.61%, with 5.22 million shares sold short, representing 4.88% of its float. This is higher than its peers' average of 3.37%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
August 19, 2024 | 3:15 pm
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Western Alliance's short interest has increased to 4.88% of its float, higher than its peers' average. This suggests bearish sentiment, but it doesn't necessarily mean the stock price will fall.
The increase in short interest to 4.88% of float, higher than peers, indicates bearish sentiment. This could lead to downward pressure on the stock price, but it's not a certainty.
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