Peering Into Rithm Capital's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Rithm Capital's short interest has decreased by 5.31%, with 5.53 million shares sold short, representing 1.07% of its float. This is lower than the peer group average of 7.34%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 15, 2024 | 5:00 pm
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Rithm Capital's short interest has decreased by 5.31%, now at 1.07% of its float, which is below the peer average of 7.34%. This decrease may suggest a more bullish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Rithm Capital, which could indicate a shift towards a more positive market sentiment. This is further supported by the fact that Rithm's short interest is below the peer average, potentially making it more attractive to investors.
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