Looking Into Hartford Finl Servs Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Hartford Financial Services Group (NYSE:HIG) has seen a rise in short interest, with 4.25 million shares sold short, representing 1.68% of its float. This increase in short interest suggests a more bearish sentiment among investors, although it remains below the peer group average of 2.04%.
September 04, 2024 | 7:45 pm
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Hartford Financial Services Group's short interest has increased by 11.26%, with 4.25 million shares sold short, representing 1.68% of its float. This indicates a bearish sentiment, although it is still below the peer average of 2.04%.
The increase in short interest suggests that investors are becoming more bearish on HIG, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact may be moderated.
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