How Is The Market Feeling About Martin Marietta Materials?
Portfolio Pulse from Benzinga Insights
Martin Marietta Materials (NYSE:MLM) has seen a 15.67% decrease in its short percent of float since its last report, with 619 thousand shares currently sold short. This represents 1.13% of all regular shares available for trading. The short interest for Martin Marietta Materials is lower than its peer group average of 1.74%.
July 13, 2023 | 7:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Martin Marietta Materials has seen a decrease in short interest, which could indicate a more bullish sentiment towards the stock.
Short interest is the number of shares that have been sold short but have not yet been covered. A decrease in short interest can signal that investors have become more bullish on the stock. As such, the decrease in short interest for Martin Marietta Materials could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100