(COF) - Analyzing Capital One Finl's Short Interest
Portfolio Pulse from Benzinga Insights
Capital One Financial (NYSE:COF) has seen a 9.21% increase in its short interest, now at 2.61% of its float. This is lower than the peer average of 6.95%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 11, 2024 | 6:30 pm
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Capital One Financial's short interest has increased by 9.21%, now representing 2.61% of its float. This is below the peer average of 6.95%, suggesting less bearish sentiment compared to peers.
The increase in short interest suggests a rise in bearish sentiment, but since COF's short interest is below the peer average, it indicates relatively less bearish sentiment compared to its peers. This could mean a neutral short-term impact on the stock price.
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