Looking Into Western Union's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Western Union's short interest has decreased by 4.31%, with 19.59 million shares sold short, representing 7.55% of its float. This is higher than its peers' average of 5.53%. The decrease in short interest may indicate a shift in market sentiment.
September 17, 2024 | 3:45 pm
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Western Union's short interest has decreased by 4.31%, now at 7.55% of its float, which is higher than its peers' average of 5.53%. This decrease may suggest a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against Western Union, which could indicate a more positive outlook on the stock. This is significant as Western Union's short interest is still higher than its peers, suggesting a potential shift in sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100