How Is The Market Feeling About Capital One Finl?
Portfolio Pulse from Benzinga Insights
Capital One Financial (NYSE:COF) has seen a 5.22% increase in its short percent of float, now at 2.42%. This indicates a rise in bearish sentiment, although its short interest is lower than the peer group average of 6.68%.
September 16, 2024 | 6:00 pm
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Capital One Financial's short interest has increased by 5.22%, now at 2.42% of float. This suggests a rise in bearish sentiment, but it's still below the peer average of 6.68%.
The increase in short interest suggests that investors are becoming more bearish on Capital One Financial. However, since the short interest is still below the peer average, the impact might be less severe. The market sentiment is likely to be cautious, potentially leading to short-term price pressure.
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