Short interest and short borrow fee rate update: InsurTechs stay in the hot seat
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Short interest and short borrow fee rate update: InsurTechs stay in the hot seat

IPCD dec10 short interest main image.png

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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