Looking Into Axis Capital Holdings's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Axis Capital Holdings (NYSE:AXS) has seen a 12.87% increase in short interest, with 1.32 million shares sold short, representing 1.93% of its float. This is higher than its peers' average of 1.81%. The increase in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.
October 24, 2024 | 5:45 pm
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Axis Capital Holdings has experienced a 12.87% increase in short interest, now at 1.93% of its float, which is higher than its peers' average. This indicates a bearish sentiment among investors.
The increase in short interest suggests that investors are more bearish on Axis Capital Holdings compared to its peers. This could lead to downward pressure on the stock price in the short term as more investors bet against it.
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