Peering Into American Intl Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
American International Group (NYSE:AIG) has seen a 3.24% decrease in its short interest, with 10.23 million shares sold short, representing 1.79% of its float. This is higher than the peer group average of 1.59%. The decrease in short interest may indicate a more bullish sentiment among investors.
October 10, 2024 | 2:00 pm
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American International Group's short interest has decreased by 3.24%, with 10.23 million shares shorted, which is 1.79% of its float. This is higher than the peer average of 1.59%, potentially indicating a shift towards a more bullish sentiment.
The decrease in short interest suggests that investors are becoming less bearish on AIG, which could lead to a positive impact on the stock price. The fact that AIG's short interest is higher than its peers might attract attention from investors looking for potential short squeeze opportunities.
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