(KEY) - Analyzing KeyCorp's Short Interest
Portfolio Pulse from Benzinga Insights
KeyCorp's short interest has decreased by 22.41%, with 16.69 million shares sold short, representing 2.32% of its float. This is higher than its peers' average of 1.65%. The decrease in short interest may indicate a more bullish sentiment towards KeyCorp.
October 07, 2024 | 3:45 pm
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KeyCorp's short interest has decreased by 22.41%, with 16.69 million shares sold short, representing 2.32% of its float. This is higher than its peers' average of 1.65%. The decrease in short interest may indicate a more bullish sentiment towards KeyCorp.
The decrease in short interest by 22.41% suggests a shift towards a more bullish sentiment among investors. Although KeyCorp's short interest is still higher than its peers, the reduction indicates that fewer investors are betting against the stock, which could lead to a positive short-term impact on its stock price.
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