(C) - Analyzing Citigroup's Short Interest
Portfolio Pulse from Benzinga Insights
Citigroup's short interest has decreased by 8.74%, with 35.74 million shares sold short, representing 1.88% of its float. This is higher than its peers' average of 1.07%. The decrease in short interest may indicate a more bullish sentiment.
October 21, 2024 | 8:00 pm
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Citigroup's short interest has decreased by 8.74%, with 35.74 million shares sold short, representing 1.88% of its float. This is higher than its peers' average of 1.07%. The decrease in short interest may indicate a more bullish sentiment.
The decrease in short interest suggests a shift towards a more bullish sentiment among investors. Although Citigroup's short interest is still higher than its peers, the reduction could lead to a positive short-term impact on its stock price.
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