Looking Into Old Republic Intl's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Old Republic Intl (NYSE:ORI) has seen a 7.75% increase in its short percent of float, now at 1.53% of available shares. This indicates a more bearish sentiment among investors, although its short interest is lower than the peer group average of 1.94%.
September 18, 2024 | 4:00 pm
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Old Republic Intl's short interest has increased by 7.75%, now at 1.53% of float, indicating a bearish sentiment. However, it's still below the peer average of 1.94%.
The increase in short interest suggests that investors are more bearish on ORI, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be moderated.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100