Peering Into Realty Income's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Realty Income (NYSE:O) has seen a 7.65% decrease in short interest, now at 9.80 million shares or 1.57% of float, with a short-covering time of 1.18 days. This decline in short interest may indicate a more bullish sentiment among investors, although it doesn't necessarily predict a near-term price rise. Realty Income has a lower short interest compared to its peer group average of 5.11%.
November 24, 2023 | 1:45 pm
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Realty Income's short interest has decreased, suggesting a more bullish sentiment which could lead to a potential short-term positive impact on the stock price.
A decrease in short interest typically indicates that investors are less bearish on the stock, which could lead to a short-term increase in stock price as the market sentiment improves. However, the impact may be moderate as the short interest is a relatively small percentage of the float and the article suggests that this does not necessarily predict a near-term price rise.
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RELEVANCE 80