(ORI) - Analyzing Old Republic Intl's Short Interest
Portfolio Pulse from Benzinga Insights
Old Republic International (NYSE:ORI) has seen a 4.58% increase in its short percent of float, now at 1.6% of available shares. This indicates a rise in bearish sentiment, although its short interest is still below the peer group average of 1.98%.
October 09, 2024 | 7:45 pm
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Old Republic International's short interest has increased by 4.58%, reaching 1.6% of its float. This suggests a rise in bearish sentiment, although it remains below the peer average of 1.98%.
The increase in short interest suggests that investors are becoming 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 moderate.
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IMPORTANCE 70
RELEVANCE 100