Peering Into Ares Management's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ares Management's short interest has increased by 8.92%, with 4.20 million shares sold short, representing 2.32% of its float. This is below the peer group average of 3.45%. The rise in short interest may indicate bearish sentiment, but it is not a definitive predictor of stock price movement.
September 10, 2024 | 4:30 pm
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Ares Management's short interest has increased by 8.92%, with 4.20 million shares sold short, representing 2.32% of its float. This is below the peer group average of 3.45%. The rise in short interest may indicate bearish sentiment, but it is not a definitive predictor of stock price movement.
The increase in short interest suggests a bearish sentiment among investors, but since Ares Management's short interest is still below the peer average, the impact on the stock price may be neutral in the short term. The market sentiment is mixed, and the short interest alone does not guarantee a price movement.
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