Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Christopher Sappo

Short Volatility Alert: W. R. Berkley Corporation

On Friday, shares of W. R. Berkley Corporation (NYSE:WRB) experienced volatile short activity. After the activity, the stock price went up +4.10% to $68.03.

The overall sentiment for WRB has been Bullish.

The signal from the volatility alert is trending Bullish. Therefore, the recommendation is to Decrease Short Exposure.

The volatility alert was produced on the prior trading date, 6/24/2022, with a volatility change of +39.33%. The current volatility indicator stands at 15.246. 

Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.

Understanding the Volatility Alert: Overall sentiment is considered "bear" when broad market activity of the stock has been shown to indicate a negative directional basis, or is considered "bull" when indicating a positive directional basis. The securities lending volatility indicator provides a signal when it detects unusual short activity. Unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted, the rate being paid to short the shares, and the type of collateral being posted - amongst other variables. The current volatility is the respective trading day's calculated securities lending volatility value. The volatility percentage change is the percentage difference in volatility between the two most recent days. The recommendation is a suggestive strategy, inferred from the strength of the Signal Trending, Current Volatility, and Volatility % Change. Recommendations may include, "Strong Buy", "Strong Sell", "Increase Short Exposure", "Decrease Short Exposure", or "Market Neutral".

ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE  

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.