Affiliated Managers Group (AMG) experienced a 36.3% decline in short interest in September.

In September, Affiliated Managers Group (AMG) saw a 36.3% decline in short interest, dropping to 467,400 shares. The days-to-cover ratio is 2.2 days, with 1.6% of shares short sold. COO Thomas M. Wojcik sold 4,786 shares but retains 84,392 shares valued at approximately $14.57 million. Research firms raised price targets, with Deutsche Bank at $205 and TD Cowen at $226. AMG shares rose to $188, with a market cap of $5.99 billion.

October 13, 2024
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