Looking Into Affiliated Managers Group's Recent Short Interest

Looking Into Affiliated Managers Group's Recent Short Interest

Benzinga ·  06/01 03:45

Affiliated Managers Group's (NYSE:AMG) short percent of float has fallen 6.27% since its last report. The company recently reported that it has 618 thousand shares sold short, which is 2.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.61 days to cover their short positions on average.


Why Short Interest Matters


Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.


Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.


List of the most shorted stocks


Affiliated Managers Group Short Interest Graph (3 Months)

附屬經理人集團短期利率圖(3 個月)


As you can see from the chart above the percentage of shares that are sold short for Affiliated Managers Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.


Comparing Affiliated Managers Group's Short Interest Against Its Peers


Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.


According to Benzinga Pro, Affiliated Managers Group's peer group average for short interest as a percentage of float is 2.76%, which means the company has less short interest than most of its peers.

根據Benzinga Pro的數據,附屬經理人集團的同行平均空頭利率佔浮動量的百分比爲2.76%,這意味着該公司的空頭利率低於大多數同行。

Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it.

你知道增加空頭利息實際上可以看漲股票嗎?這篇由Benzinga Money撰寫的文章解釋瞭如何從中獲利。

This article was generated by Benzinga's automated content engine and was reviewed by an editor.