The latest short interest report, which included data through November 30, was released by FINRA on Thursday. The two-week period was shaken by the advent of the Omicron Covid-19 variant, which caused market-wide fear of additional lockdowns. However, short interest mainly remained unchanged in the sector with a few InsurTech and Floridian exceptions.
InsurTech Root’s short interest dropped by 5.9pts, while that of HCI and Metromile fell by 1.6pts and 0.9pts respectively.
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