Looking Into Aflac's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Aflac's short interest has decreased by 12.41%, with 14.13 million shares sold short, representing 2.54% of its float. This is higher than its peers' average. The decrease in short interest may indicate a more bullish sentiment.
August 30, 2024 | 1:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Aflac's short interest has decreased by 12.41%, with 14.13 million shares sold short, representing 2.54% of its float. This is higher than its peers' average. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests that traders are less bearish on Aflac, which could lead to a positive short-term impact on the stock price. The fact that Aflac's short interest is higher than its peers' average might attract attention, but the overall decrease is a bullish signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100