Looking Into MetLife's Recent Short Interest
Portfolio Pulse from Benzinga Insights
MetLife's short interest has increased by 3.82%, with 7.94 million shares sold short, representing 1.36% of its float. This is below the peer group average of 2.14%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
September 10, 2024 | 7:45 pm
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MetLife's short interest has increased by 3.82%, with 7.94 million shares sold short, representing 1.36% of its float. This is below the peer group average of 2.14%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
The increase in short interest suggests a bearish sentiment among investors, but since MetLife's short interest is still below the peer average, the impact on the stock price may be neutral in the short term.
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