Short interest update: New year profit-taking
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Short interest update: New year profit-taking

short interest 31 jan 22 2.jpg

Insurance firms began the new year with slipping stock prices – which correlates with movement in short interest. However, short interest remained high in InsurTechs despite major stock movements, indicating that stock prices haven’t yet dropped to the levels short-sellers expect them to hit.

The latest short interest report, which included data through January 14, was released by FINRA last Wednesday (January 26).

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