Looking Into Royal Caribbean Gr's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Royal Caribbean Group (NYSE:RCL) has seen a 3.69% increase in its short percent of float, now at 6.46%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.94%.
October 29, 2024 | 4:00 pm
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Royal Caribbean Group's short interest has increased by 3.69%, reaching 6.46% of its float. This suggests a rise in bearish sentiment, although it is still below the peer average of 6.94%.
The increase in short interest suggests that more investors are betting against RCL, which could indicate a bearish outlook. However, since the short interest is still below the peer average, the impact might be moderate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100