How Is The Market Feeling About Marriott Intl?
Portfolio Pulse from Benzinga Insights
Marriott International (NYSE:MAR) has seen a 5.5% increase in its short percent of float, now at 2.3% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 7.12%.
November 01, 2024 | 4:30 pm
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Marriott International's short interest has increased by 5.5%, indicating a rise in bearish sentiment. However, its short interest remains below the peer average, suggesting less bearishness compared to its peers.
The increase in short interest suggests that investors are becoming more bearish on Marriott's stock. However, since the short interest is still below the peer average, it indicates that the bearish sentiment is not as strong as it is for its peers. This mixed sentiment could lead to short-term volatility in the stock price.
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