How Is The Market Feeling About Wintrust Finl?
Portfolio Pulse from Benzinga Insights
Wintrust Finl's short interest has decreased by 20.08%, with 1.19 million shares sold short, representing 1.99% of its float. This is lower than its peers' average short interest of 3.25%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 10, 2024 | 5:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wintrust Finl's short interest has decreased by 20.08%, now at 1.99% of its float, which is lower than its peers' average of 3.25%. This decrease may suggest a more bullish sentiment towards the stock.
The decrease in short interest by 20.08% suggests that fewer investors are betting against Wintrust Finl, which can be interpreted as a sign of increased confidence or bullish sentiment. Additionally, the company's short interest is lower than the peer average, further supporting a potentially positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100