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Short Interest in KeyCorp (NYSE:KEY) Expands By 28.6%
KeyCorp (NYSE:KEY) experienced a significant 28.6% increase in short interest during March, reaching 24,207,280 shares by March 13th. The company maintains a “Moderate Buy” rating from analysts with an average price target of $22.97, despite recent insider sales totaling approximately $3.6 million. Institutional investors hold a substantial 79.69% of the company, with some firms like Marshall Wace LLP significantly increasing their positions.