(RGA) - Analyzing Reinsurance Gr's Short Interest
Portfolio Pulse from Benzinga Insights
Reinsurance Group of America (NYSE:RGA) has seen a decrease in its short interest by 18.84%, with 281,000 shares sold short, representing 0.56% of its float. This is lower than the peer group average of 1.93%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 03, 2024 | 7:00 pm
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Reinsurance Group of America (RGA) has experienced an 18.84% decrease in short interest, now at 0.56% of its float, which is below the peer average of 1.93%. This could suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against RGA, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that RGA's short interest is below the peer average, potentially making it more attractive to investors.
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IMPORTANCE 70
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