How Is The Market Feeling About Union Pacific?
Portfolio Pulse from Benzinga Insights
Union Pacific's (NYSE:UNP) short percent of float has fallen 18.48% since its last report, indicating a more bullish sentiment towards the stock. The company has 4.56 million shares sold short, which is 0.75% of all regular shares available for trading. Compared to its peers, Union Pacific has less short interest.
September 15, 2023 | 2:00 pm
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Union Pacific's short percent of float has decreased, indicating a more bullish sentiment towards the stock. This could potentially lead to a positive impact on the stock's price in the short term.
A decrease in short interest can signal that investors have become more bullish on a stock. This means that they expect the stock's price to rise, which could potentially lead to an increase in demand and a subsequent rise in the stock's price.
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