Short Interest: And the number-one shorted stock is… ROOT!
Short interest as a percent of float is a great indicator of market sentiment. High figures typically imply that investors are pessimistic on a firm’s valuation, fundamentals, or both.
More recently, the continuing GameStop saga has revitalized the risk of being short-squeezed, so we thought it was an opportune time to look at the data for P&C and broker names we follow.
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