Insurance Sector (KIE) Sees Serious Strength Today
The insurance sector is seeing significant strength today, as represented by the 6.7% move in the SPDR KBW Insurance ETF (NYSE: KIE). Recent data from KBW showed that short interest in the ETF rose 8% during the last two weeks of April. So today's move could be in part related to short covering.
A number of stocks in the sector are seeing moves above 20% today:Other movers in the sector include:
A number of stocks in the sector are seeing moves above 20% today:Other movers in the sector include:
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