How Is The Market Feeling About Hyatt Hotels?
Portfolio Pulse from Benzinga Insights
Hyatt Hotels (NYSE:H) has seen a 10.23% increase in its short percent of float, now at 12.18%, indicating a bearish sentiment compared to its peers with an average of 6.60%. This could signal potential volatility in the stock's price.
September 16, 2024 | 8:30 pm
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Hyatt Hotels has experienced a significant increase in short interest, now at 12.18% of float, suggesting bearish sentiment. This is higher than its peers' average, indicating potential volatility.
The increase in short interest to 12.18% suggests that investors are more bearish on Hyatt Hotels compared to its peers, which have an average short interest of 6.60%. This could lead to increased volatility in the stock price as traders may anticipate a decline.
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