(CI) - Analyzing Cigna's Short Interest
Portfolio Pulse from Benzinga Insights
Cigna's short interest has decreased by 3.23%, with 3.34 million shares sold short, representing 1.2% of its float. This is lower than its peers' average short interest of 9.91%. The decrease in short interest may indicate a more bullish sentiment towards Cigna.
September 12, 2024 | 6:45 pm
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Cigna's short interest has decreased by 3.23%, with 3.34 million shares sold short, representing 1.2% of its float. This is lower than its peers' average short interest of 9.91%. The decrease in short interest may indicate a more bullish sentiment towards Cigna.
The decrease in short interest suggests that fewer investors are betting against Cigna, which could indicate a shift towards a more positive market sentiment. Additionally, Cigna's short interest is significantly lower than its peers, which may further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100