(MCO) - Analyzing Moodys's Short Interest
Portfolio Pulse from Benzinga Insights
Moody's (NYSE:MCO) has seen a 14.14% increase in its short interest, now at 1.13% of its float. This is lower than the peer group average of 2.96%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.
October 29, 2024 | 8:15 pm
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Moody's short interest has increased by 14.14%, now at 1.13% of its float, which is below the peer average of 2.96%. This rise may indicate bearish sentiment but doesn't guarantee a price drop.
The increase in short interest suggests that traders are more bearish on Moody's, which could lead to downward pressure on the stock price. However, since the short interest is still below the peer average, the impact might be limited.
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