How Is The Market Feeling About United Rentals?
Portfolio Pulse from Benzinga Insights
United Rentals's (NYSE:URI) short percent of float has fallen 8.97% since its last report, indicating a more bullish sentiment towards the stock. The company has 2.45 million shares sold short, which is 4.06% of all regular shares available for trading. Compared to its peers, United Rentals has less short interest as a percentage of float, with an average of 5.18%.
July 17, 2023 | 2:30 pm
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POSITIVE IMPACT
United Rentals's short percent of float has decreased, indicating a more bullish sentiment. The company has less short interest compared to its peers.
A decrease in short interest indicates that fewer investors are betting against the company, which can be seen as a positive sign. Additionally, having less short interest compared to its peers could mean that the market views United Rentals more favorably.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100