Morgan Stanley reports rise in short interest to 16.84 million shares

Morgan Stanley's short interest has increased by 3.79%, with 16.84 million shares sold short, representing 1.37% of its available shares. It would take about 3.22 days for traders to cover these short positions based on current trading volume. This rise in short interest indicates a growing bearish sentiment among investors. However, Morgan Stanley's short interest remains lower than the average of its peers, which is 3.37%. Short selling involves selling shares not owned, hoping for a price drop. An increase in short interest can signal market sentiment changes, but it does not guarantee a stock price decline.