(NLY) - Analyzing Annaly Capital Management's Short Interest
Portfolio Pulse from Benzinga Insights
Annaly Capital Management (NYSE:NLY) has seen a rise in its short interest by 11.95%, with 8.56 million shares sold short, representing 1.78% of its float. This increase in short interest suggests a bearish sentiment among investors, although NLY's short interest is lower than its peers' average of 7.31%.
October 10, 2024 | 6:30 pm
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Annaly Capital Management's short interest has increased by 11.95%, with 8.56 million shares sold short, indicating a bearish sentiment. However, its short interest is still lower than the peer average.
The increase in short interest suggests that investors are becoming more bearish on NLY, which could lead to downward pressure on the stock price. However, the fact that NLY's short interest is lower than its peers might mitigate some of this negative sentiment.
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IMPORTANCE 80
RELEVANCE 100