How Is The Market Feeling About Heartland Financial USA?
Portfolio Pulse from Benzinga Insights
Heartland Financial USA (NYSE:HTLF) has seen a 42.41% increase in its short percent of float, now at 2.72%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.30%.
September 12, 2024 | 3:30 pm
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Heartland Financial USA's short interest has increased by 42.41%, reaching 2.72% of the float. This suggests a rise in bearish sentiment, but the short interest is still below the peer average of 5.30%.
The significant increase in short interest indicates growing bearish sentiment among investors. However, since the short interest is still below the peer average, the impact might be less severe. The market may react negatively in the short term due to the increased short selling activity.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100