Looking Into Rocket Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Rocket Companies (NYSE:RKT) has seen a rise in short interest, with 13.62% of its float sold short, significantly higher than its peers' average of 3.70%. This indicates increased bearish sentiment, although it doesn't guarantee a price drop.
October 25, 2024 | 7:00 pm
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Rocket Companies has a high short interest of 13.62% of its float, indicating increased bearish sentiment compared to its peers. This could lead to volatility in the stock price.
The increase in short interest to 13.62% of float suggests that investors are more bearish on Rocket Companies compared to its peers, which have an average short interest of 3.70%. This could lead to downward pressure on the stock price as more investors bet against it.
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IMPORTANCE 80
RELEVANCE 100