Peering Into Radian Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Radian Group's short interest has decreased by 9.07%, with 5.04 million shares sold short, representing 3.91% of its float. This is lower than its peers' average short interest of 4.23%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
September 17, 2024 | 1:00 pm
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Radian Group's short interest has decreased by 9.07%, with 5.04 million shares sold short, representing 3.91% of its float. This is lower than its peers' average short interest of 4.23%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Radian Group, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Radian's short interest is below the average of its peers, potentially making it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100