Peering Into SLM's Recent Short Interest
Portfolio Pulse from Benzinga Insights
SLM's short interest has decreased by 12.29%, with 6.33 million shares sold short, representing 3.57% of its float. This is lower than its peers' average short interest of 6.77%. The decrease in short interest may indicate a more bullish sentiment towards SLM.
October 31, 2024 | 2:45 pm
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SLM's short interest has decreased by 12.29%, indicating a potential shift towards a more bullish sentiment. The current short interest is 3.57% of the float, which is lower than the peer average of 6.77%.
The decrease in short interest suggests that fewer investors are betting against SLM, which could indicate a more positive outlook on the stock. Additionally, SLM's short interest is lower than its peers, which may further support a bullish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100