Looking Into B. Riley Financial's Recent Short Interest
Portfolio Pulse from Benzinga Insights
B. Riley Financial's short interest has decreased by 4.94%, with 11.57 million shares sold short, representing 56.82% of its float. This is significantly higher than its peers' average of 2.78%. The decrease in short interest may indicate a shift in market sentiment.
September 26, 2024 | 1:00 pm
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B. Riley Financial's short interest has decreased by 4.94%, with 11.57 million shares sold short, representing 56.82% of its float. This is significantly higher than its peers' average of 2.78%. The decrease in short interest may indicate a shift in market sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards B. Riley Financial, as fewer investors are betting against the stock. This could lead to a short-term positive impact on the stock price, especially given the high short interest compared to peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100