NasdaqGS:SLMConsumer Finance
Is SLM's (SLM) Rising Short Interest a Clue to Shifting Investor Sentiment?
Recently, SLM reported that its short percent of float increased by 18.42% since the previous update, with 8.78 million shares now sold short, representing 4.95% of its available trading shares and an average of 3.84 days to cover these positions based on trading volume.
This shift suggests traders are increasingly expecting downward movement in SLM's share price, which can influence investor sentiment and trading behavior.
We'll explore how the recent rise in short interest could influence...