(MLM) - Analyzing Martin Marietta Materials's Short Interest
Portfolio Pulse from Benzinga Insights
Martin Marietta Materials's (NYSE:MLM) short percent of float has fallen 10.43% since its last report, with 558 thousand shares sold short, which is 1.03% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Martin Marietta has less short interest.
August 17, 2023 | 8:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Martin Marietta Materials.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. As such, the decrease in short interest for Martin Marietta Materials could indicate a more bullish sentiment towards the stock, potentially impacting its price positively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100