How Is The Market Feeling About Ares Capital?
Portfolio Pulse from Benzinga Insights
Ares Capital (NYSE:ARCC) has seen a 7.58% increase in its short percent of float, now at 2.84% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.63%.
September 30, 2024 | 6:45 pm
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Ares Capital's short interest has increased by 7.58%, now at 2.84% of float, indicating a rise in bearish sentiment. However, it remains below the peer average of 3.63%.
The increase in short interest suggests a rise in bearish sentiment towards Ares Capital. However, since the short interest is still below the peer average, the impact may be limited. Investors should monitor the situation closely.
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IMPORTANCE 70
RELEVANCE 100