Peering Into Citizens Financial Group's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Citizens Financial Group (NYSE:CFG) has seen a 9.91% increase in its short percent of float, now at 3.77%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 3.43%. It would take traders 2.26 days to cover their short positions.
October 02, 2024 | 6:15 pm
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Citizens Financial Group's short interest has increased by 9.91%, now at 3.77% of float, indicating a bearish sentiment. This is higher than the peer average of 3.43%.
The increase in short interest suggests that investors are more bearish on CFG compared to its peers, which could lead to downward pressure on the stock price in the short term. The short interest is higher than the peer average, reinforcing the bearish sentiment.
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