(TRV) - Analyzing Travelers Companies's Short Interest
Portfolio Pulse from Benzinga Insights
Travelers Companies (NYSE:TRV) has seen a 3.75% increase in its short percent of float, now at 1.66% of all regular shares. This indicates a rise in bearish sentiment, although TRV's short interest is still below the peer group average of 1.82%.
October 16, 2024 | 7:45 pm
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Travelers Companies has experienced a 3.75% increase in short interest, now at 1.66% of its float. This suggests a rise in bearish sentiment, but its short interest remains below the peer average of 1.82%.
The increase in short interest indicates a rise in bearish sentiment towards TRV, which could lead to downward pressure on the stock price. However, since TRV's short interest is still below the peer average, the impact may be moderated.
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