Looking Into Old National's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Old National's short interest has decreased by 4.99%, with 9.48 million shares sold short, representing 3.81% of its float. This is higher than its peers' average of 3.41%. The decrease in short interest may indicate a more bullish sentiment.
September 06, 2024 | 8:00 pm
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Old National's short interest has decreased by 4.99%, with 9.48 million shares sold short, representing 3.81% of its float. This is higher than its peers' average of 3.41%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although the short interest is still higher than peers, the reduction could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100