Looking Into Vulcan Materials's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Vulcan Materials's (NYSE:VMC) short percent of float has fallen 3.57% since its last report, with 1.59 million shares sold short, which is 1.35% of all regular shares available for trading. It would take traders 2.21 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 1.69% for its peer group.
October 09, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Vulcan Materials's short percent of float has decreased, indicating a potentially more bullish market sentiment towards the company's stock.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100