Peering 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%.
October 26, 2023 | 6:30 pm
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Vulcan Materials's short percent of float has decreased, indicating a potentially more bullish sentiment towards the stock.
A decrease in short interest can signal that investors have become more bullish towards a particular stock. In this case, the decrease in short percent of float for Vulcan Materials could indicate a more positive sentiment towards the stock, potentially leading to an increase in its price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100