(ACGL) - Analyzing Arch Capital Group's Short Interest
Portfolio Pulse from Benzinga Insights
Arch Capital Group's short interest has decreased by 5.92%, with 5.14 million shares sold short, representing 1.59% of its float. This is lower than the peer average of 1.82%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 23, 2024 | 3:45 pm
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Arch Capital Group's short interest has decreased by 5.92%, with 5.14 million shares sold short, representing 1.59% of its float. This is lower than the peer average of 1.82%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Arch Capital Group, which could lead to a positive short-term impact on the stock price. The short interest is also below the peer average, further indicating a relatively bullish sentiment.
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