Watching Merchants Bancorp; NINGI Research Issues Report Saying They Are Short The Company
Portfolio Pulse from Benzinga Newsdesk
NINGI Research has issued a report stating they are short on Merchants Bancorp (NASDAQ: MBIN). This indicates a bearish outlook on the company's stock, potentially impacting its short-term price negatively.
October 17, 2024 | 12:56 pm
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NINGI Research has issued a short report on Merchants Bancorp, indicating a negative outlook on the stock. This could lead to a decrease in MBIN's stock price in the short term.
The issuance of a short report by NINGI Research suggests they expect the stock price of Merchants Bancorp to decline. Such reports can influence investor sentiment and lead to selling pressure, potentially causing a short-term decrease in the stock price.
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IMPORTANCE 80
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