Peering Into Fiserv's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Fiserv's short interest has increased by 12.4%, with 7.78 million shares sold short, representing 1.36% of its float. This is lower than the peer average of 5.85%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
September 02, 2024 | 6:00 pm
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Fiserv's short interest has increased by 12.4%, with 7.78 million shares sold short, representing 1.36% of its float. This is lower than the peer average of 5.85%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest indicates a bearish sentiment among investors, which could lead to downward pressure on Fiserv's stock price. However, the short interest is still below the peer average, which might mitigate the impact. The short interest data suggests caution for investors, but it doesn't necessarily predict a price drop.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100