(TFC) - Analyzing Truist Finl's Short Interest
Portfolio Pulse from Benzinga Insights
Truist Financial's short interest has decreased by 6.31%, with 13.95 million shares sold short, representing 1.04% of its float. This is lower than the peer average of 3.53%, indicating a relatively bullish sentiment. It would take 1.59 days to cover these positions.
August 21, 2024 | 3:30 pm
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Truist Financial's short interest has decreased by 6.31%, indicating a more bullish sentiment compared to its peers. The short interest is now 1.04% of its float, lower than the peer average of 3.53%.
The decrease in short interest suggests that investors are becoming more bullish on Truist Financial compared to its peers, which have a higher average short interest. This could lead to a positive short-term impact on the stock price.
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